Teleflex Incorporated (TFX)

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	69,675	237,436	263,572	294,869	356,328	403,812	368,567	362,746	363,139	412,629	509,915	487,649	485,374	433,426	350,832	279,040	335,324	367,458	479,800	551,719
Total assets	US$ in thousands	7,097,910	7,486,290	7,441,640	7,477,920	7,532,550	7,493,630	6,895,720	6,917,920	6,928,060	6,758,090	6,731,850	6,873,310	6,871,720	7,039,960	7,066,390	7,028,020	7,152,560	6,613,290	6,765,130	6,701,560
ROA		0.98%	3.17%	3.54%	3.94%	4.73%	5.39%	5.34%	5.24%	5.24%	6.11%	7.57%	7.09%	7.06%	6.16%	4.96%	3.97%	4.69%	5.56%	7.09%	8.23%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $69,675K ÷ $7,097,910K
= 0.98%

Teleflex Incorporated's return on assets (ROA) has experienced fluctuations over the time period provided.

The ROA stood at 8.23% as of March 31, 2020, indicating that the company generated $0.0823 in net income for every dollar of assets it had. Over the subsequent quarters, the ROA declined steadily to 3.97% by March 31, 2021. This downward trend suggests a decreasing efficiency in generating profits from its assets during this period.

However, there was a slight recovery in the ROA in the following quarters, reaching 7.57% as of June 30, 2022. This improvement in ROA indicates that the company became more effective in utilizing its assets to generate profits.

Subsequently, the ROA fluctuated between 3.94% and 5.39% over the next few quarters, with a significant decrease to 0.98% by December 31, 2024. This sharp decline suggests that Teleflex Incorporated may have faced challenges in generating profits relative to its asset base during that period.

Overall, the ROA trajectory of Teleflex Incorporated shows variations in the company's ability to generate profits from its assets efficiently. Stakeholders should closely monitor the ROA trend to assess the company's operational performance and financial health.