Perrigo Company PLC (PRGO)

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	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	-167,100	-154,900	-119,700	-5,600	-10,800	8,800	-57,500	-130,800	-131,000	-108,700	-115,500	-108,300	-68,900	-253,500	-349,200	-230,900	-162,600	-6,600	240,200	188,600
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
ROA		-1.73%	-1.38%	-1.15%	-0.05%	-0.10%	0.08%	-0.52%	-1.19%	-1.19%	-1.02%	-1.06%	-1.04%	-0.66%	-2.32%	-3.11%	-2.04%	-1.42%	-0.06%	1.98%	1.65%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $-167,100K ÷ $9,647,700K
= -1.73%

Perrigo Company PLC's return on assets (ROA) has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ROA started at 1.65% in March 2020, increased to 1.98% by June 2020, but turned negative in the subsequent quarters, reaching the lowest point of -3.11% in June 2021.

From September 2021 to March 2024, the ROA remained negative but fluctuated within a relatively narrower range, hovering around -1% on average. The ROA improved slightly to 0.08% in September 2023 before turning negative again.

Overall, Perrigo's ROA exhibited a downward trend, with negative values in most periods indicating that the company's profitability from its assets was diminished during these quarters. This trend suggests that Perrigo may be facing challenges in generating earnings from its assets efficiently. Further analysis and context regarding the company's operations and industry dynamics would be needed to fully understand the implications of these ROA figures.