Solventum Corp. (SOLV)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 479,000 | 1,346,000 | 1,343,000 | 1,460,000 | 1,138,000 |
| Total assets | US$ in thousands | 14,457,000 | 14,377,000 | 13,594,000 | 14,075,000 | — |
| ROA | 3.31% | 9.36% | 9.88% | 10.37% | — |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $479,000K ÷ $14,457,000K
= 3.31%
Based on the data provided for Solventum Corp.'s Return on Assets (ROA) over the years:
1. December 31, 2020: ROA data is not available.
2. December 31, 2021: ROA was 10.37%, showing a healthy return on the company's assets.
3. December 31, 2022: ROA decreased slightly to 9.88%, but still indicates efficient asset utilization.
4. December 31, 2023: ROA further decreased to 9.36%, indicating a potential decline in asset productivity.
5. December 31, 2024: ROA significantly dropped to 3.31%, suggesting a notable decrease in the ability of assets to generate profit.
Overall, Solventum Corp.'s ROA has shown fluctuations during the period, with a general trend of decreasing returns in recent years, which may warrant further investigation into the company's asset management and operational efficiency.
Peer comparison
Dec 31, 2024