Perrigo Company PLC (PRGO)

Operating return on assets (Operating 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	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Operating income (ttm)	US$ in thousands	282,900	153,100	134,800	126,800	151,800	198,400	192,500	84,500	57,700	73,400	455,500	380,800	410,500	311,600	-222,200	21,100	115,400	160,700	310,600	248,200
Total assets	US$ in thousands	9,647,700	11,203,200	10,397,300	10,640,300	10,809,100	10,758,300	10,964,700	10,954,900	11,017,300	10,677,500	10,919,600	10,389,500	10,425,700	10,915,900	11,230,300	11,324,800	11,488,400	11,576,000	12,128,300	11,400,700
Operating ROA		2.93%	1.37%	1.30%	1.19%	1.40%	1.84%	1.76%	0.77%	0.52%	0.69%	4.17%	3.67%	3.94%	2.85%	-1.98%	0.19%	1.00%	1.39%	2.56%	2.18%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $282,900K ÷ $9,647,700K
= 2.93%

Perrigo Company PLC's operating return on assets (operating ROA) has fluctuated over the periods provided.

From March 31, 2020, to June 30, 2020, there was an increase in operating ROA from 2.18% to 2.56%, indicating improved operational efficiency in generating profits from its assets. However, from June 30, 2020, to December 31, 2020, there was a decline in operating ROA to 1.00%, suggesting a decrease in profitability relative to the company's asset base.

The trend continued with a further decrease in operating ROA to 0.19% by March 31, 2021, and a significant decline to -1.98% by June 30, 2021, indicating operational challenges or losses during this period.

Subsequently, there was a recovery in operating ROA, reaching 4.17% by June 30, 2022, indicating an improvement in operational efficiency and profitability. The operating ROA fluctuated in the following quarters but generally remained positive, indicating the company's ability to generate profits from its assets.

Overall, Perrigo Company PLC's operating ROA has shown variability over the periods provided, reflecting fluctuations in operational efficiency and profitability in utilizing its assets to generate returns.