Teledyne Technologies Incorporated (TDY)

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	819,200	943,800	880,400	885,500	885,700	789,000	768,700	754,700	788,600	724,000	679,800	573,200	445,300	415,600	375,400	404,400	401,900	385,500	398,300	409,200
Total assets	US$ in thousands	14,200,500	14,530,900	14,221,100	14,639,200	14,527,900	14,215,800	14,156,300	14,429,300	14,354,000	13,831,400	14,057,400	14,251,100	14,446,000	14,447,500	14,222,900	7,618,400	5,068,600	4,837,000	4,738,200	4,585,000
ROA		5.77%	6.50%	6.19%	6.05%	6.10%	5.55%	5.43%	5.23%	5.49%	5.23%	4.84%	4.02%	3.08%	2.88%	2.64%	5.31%	7.93%	7.97%	8.41%	8.92%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $819,200K ÷ $14,200,500K
= 5.77%

Teledyne Technologies Incorporated's return on assets (ROA) has shown some fluctuations over the periods analyzed. It decreased from 8.92% as of March 31, 2020, to 2.64% as of June 30, 2021, indicating a significant decline in asset efficiency. However, the ROA started to gradually improve from that point onward, reaching 6.19% as of June 30, 2024.

Overall, Teledyne's ROA has generally shown a positive trend in recent periods, with fluctuations likely reflecting changes in the efficiency of asset utilization within the company. It is important for investors and analysts to monitor ROA trends to assess the company's ability to generate profits from its assets effectively over time.