Lantheus Holdings Inc (LNTH)
Return on equity (ROE)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 326,661 | 104,096 | 33,371 | -17,702 | 28,067 | 107,037 | 32,390 | -37,325 | -71,279 | -34,476 | -27,447 | -7,802 | -13,473 | 389 | 11,631 | 25,055 | 31,667 | 34,510 | 38,923 | 42,256 |
| Total stockholders’ equity | US$ in thousands | 815,892 | 698,759 | 552,645 | 445,516 | 447,147 | 638,050 | 567,332 | 515,850 | 464,439 | 499,344 | 508,140 | 528,119 | 514,205 | 513,579 | 515,583 | 118,398 | 114,601 | 101,166 | 92,247 | 83,213 |
| ROE | 40.04% | 14.90% | 6.04% | -3.97% | 6.28% | 16.78% | 5.71% | -7.24% | -15.35% | -6.90% | -5.40% | -1.48% | -2.62% | 0.08% | 2.26% | 21.16% | 27.63% | 34.11% | 42.19% | 50.78% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $326,661K ÷ $815,892K
= 40.04%
The return on equity (ROE) for Lantheus Holdings Inc has varied significantly over the past eight quarters. During Q4 2023, the ROE was 40.04%, showing a strong performance and improved profitability compared to previous quarters. This may indicate effective utilization of shareholders' equity to generate profits. In Q3 2023, the ROE decreased to 14.90%, suggesting a decline in profitability or efficiency in utilizing equity.
During Q2 2023, the ROE further decreased to 6.04%, indicating potential challenges in generating profit relative to the equity invested in the company. The negative ROE of -3.97% in Q1 2023 reflects a situation where the company's net income was insufficient to cover the shareholders' equity, leading to a loss.
Looking back to Q4 2022, the ROE was 6.28%, suggesting a modest profitability level which improved in Q3 2022 to 16.78%, indicating a more favorable performance. However, the ROE declined in Q2 2022 to 5.71%, showing a decrease in profitability compared to the previous quarter. The negative ROE of -7.24% in Q1 2022 highlights a period of losses for the company.
Overall, Lantheus Holdings Inc's ROE has shown fluctuations, with periods of strong profitability followed by declines or losses. It is essential for the company to focus on improving its profitability and effectively utilizing shareholders' equity to generate sustainable returns for investors.
Peer comparison
Dec 31, 2023