Organon & Co (OGN)
Return on assets (ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 864,000 | 1,301,000 | 1,000,000 | 1,047,000 | 1,023,000 | 585,000 | 754,000 | 746,000 | 917,000 | 1,011,000 | 1,107,000 | 1,300,000 | 1,351,000 | 1,517,000 | 1,741,000 | 1,856,000 | 2,160,000 |
| Total assets | US$ in thousands | 13,101,000 | 12,752,000 | 12,154,000 | 11,891,000 | 12,058,000 | 11,012,000 | 10,979,000 | 10,763,000 | 10,955,000 | 10,437,000 | 10,614,000 | 10,597,000 | 10,681,000 | 11,335,000 | 10,908,000 | 9,642,000 | 10,434,000 |
| ROA | 6.59% | 10.20% | 8.23% | 8.80% | 8.48% | 5.31% | 6.87% | 6.93% | 8.37% | 9.69% | 10.43% | 12.27% | 12.65% | 13.38% | 15.96% | 19.25% | 20.70% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $864,000K ÷ $13,101,000K
= 6.59%
Organon & Co's return on assets (ROA) has shown a decreasing trend over the periods analyzed. The ROA was at 20.70% as of December 31, 2020, and gradually declined to 6.59% by December 31, 2024. This decline indicates a decrease in the company's ability to generate profits relative to its total assets over time.
The declining trend in ROA could suggest inefficiencies in asset utilization or decreasing profitability, which may impact the company's overall financial performance and operational effectiveness. It is important for Organon & Co to assess the reasons behind the decreasing ROA and implement strategies to improve asset utilization and profitability in order to enhance overall financial health and sustainability.
Peer comparison
Dec 31, 2024