Revvity Inc. (RVTY)

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	Jul 5, 2020	Apr 5, 2020
Net income (ttm)	US$ in thousands	270,385	254,303	169,433	149,632	693,094	742,189	818,039	961,692	569,179	631,705	674,096	740,814	943,157	1,133,334	1,182,295	1,073,527	727,887	412,027	293,886	225,811
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
ROA		2.18%	1.99%	1.26%	1.11%	5.11%	5.53%	5.75%	6.57%	4.03%	4.57%	4.75%	4.99%	6.29%	7.61%	13.53%	12.25%	9.14%	6.00%	4.43%	3.54%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $270,385K ÷ $12,392,500K
= 2.18%

Revvity Inc.'s return on assets (ROA) has fluctuated over the reporting periods from April 5, 2020, to December 31, 2024. The ROA started at 3.54% on April 5, 2020, increased steadily, reaching its peak at 13.53% on June 30, 2021. This high ROA indicates the company was efficient in generating profits relative to its total assets during that period.

However, after June 30, 2021, the ROA started to decline, possibly indicating challenges in maintaining the same level of profitability relative to total assets. The trend continued, and by December 31, 2024, the ROA had decreased to 2.18%. This decline suggests that the company may be facing difficulties in optimizing its asset utilization to generate profits efficiently.

It is essential for Revvity Inc. to analyze the factors contributing to the fluctuations in ROA and take corrective actions to improve asset efficiency and profitability in the future. Regular monitoring and strategic planning are crucial for sustaining a healthy ROA level and overall financial performance.