Revvity Inc. (RVTY)

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	Jul 5, 2020	Apr 5, 2020
Operating income (ttm)	US$ in thousands	346,741	305,150	276,227	268,559	300,562	360,869	402,421	556,859	742,696	905,124	989,898	1,065,403	1,258,457	1,468,817	1,521,269	1,388,909	978,581	606,575	437,229	353,325
Total assets	US$ in thousands	12,392,500	12,769,700	13,424,800	13,432,700	13,564,700	13,421,500	14,218,500	14,638,200	14,129,900	13,823,800	14,189,700	14,848,500	15,000,600	14,899,800	8,739,460	8,762,720	7,960,320	6,865,560	6,636,820	6,384,400
Operating ROA		2.80%	2.39%	2.06%	2.00%	2.22%	2.69%	2.83%	3.80%	5.26%	6.55%	6.98%	7.18%	8.39%	9.86%	17.41%	15.85%	12.29%	8.84%	6.59%	5.53%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $346,741K ÷ $12,392,500K
= 2.80%

The operating return on assets (operating ROA) for Revvity Inc. has fluctuated over the past few years, ranging from a low of 2.00% as of March 31, 2024, to a high of 17.41% as of June 30, 2021. The trend in operating ROA shows a general decline over the period, indicating a potential decrease in the company's efficiency in generating profits from its assets.

The operating ROA peaked at 17.41% in June 2021, suggesting a period of strong operational performance and effective asset utilization. However, the ratio steadily declined thereafter, reaching 2.80% by December 31, 2024. This decline could be a signal of challenges faced by the company in generating earnings from its operational activities and asset base.

It is important for Revvity Inc. to closely monitor and address the declining trend in operating ROA to ensure sustained profitability and efficiency in the utilization of its assets. Further analysis of the factors contributing to this decline, such as changes in operational effectiveness or asset management, is recommended to develop strategies for improvement and long-term sustainability.