Omnicell Inc (OMCL)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 12,531 | -20,371 | 5,648 | 77,849 | 32,194 |
| Total assets | US$ in thousands | 2,120,960 | 2,226,880 | 2,210,760 | 2,142,500 | 1,824,500 |
| ROA | 0.59% | -0.91% | 0.26% | 3.63% | 1.76% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $12,531K ÷ $2,120,960K
= 0.59%
Omnicell Inc's return on assets (ROA) has fluctuated over the past five years.
- As of December 31, 2020, the ROA was 1.76%, indicating that for every dollar of assets, the company generated a profit of 1.76 cents.
- By December 31, 2021, the ROA improved to 3.63%, showing increased efficiency in utilizing its assets to generate profits.
- However, the ROA took a downturn by December 31, 2022, dropping significantly to 0.26%. This could suggest a decline in profitability relative to the company's asset base.
- The following year saw a negative ROA of -0.91% as of December 31, 2023, indicating that the company's assets were not generating profits but potentially incurring losses.
- In December 31, 2024, the ROA recovered slightly to 0.59%, though still below the levels seen in the earlier years.
Overall, Omnicell Inc's ROA trend indicates a mix of profitability and challenges in effectively utilizing its assets to generate returns, with notable fluctuations over the years. Monitoring and addressing factors affecting the company's profitability and asset management efficiency would be essential for sustained financial performance.
Peer comparison
Dec 31, 2024