TransMedics Group Inc (TMDX)
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 | 35,464 | 32,638 | 3,000 | -10,195 | -25,028 | -35,779 | -17,783 | -28,305 | -36,231 | -42,179 | -47,715 | -46,860 | -44,215 | -37,858 | -29,984 | -27,813 | -28,748 | -31,614 | -34,806 | -35,504 |
| Total assets | US$ in thousands | 804,076 | 785,571 | 758,577 | 723,831 | 706,047 | 689,227 | 690,358 | 287,088 | 277,147 | 274,873 | 117,285 | 124,008 | 134,893 | 131,146 | 140,512 | 145,783 | 152,026 | 159,322 | 163,137 | 96,923 |
| ROA | 4.41% | 4.15% | 0.40% | -1.41% | -3.54% | -5.19% | -2.58% | -9.86% | -13.07% | -15.34% | -40.68% | -37.79% | -32.78% | -28.87% | -21.34% | -19.08% | -18.91% | -19.84% | -21.34% | -36.63% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $35,464K ÷ $804,076K
= 4.41%
TransMedics Group Inc's return on assets (ROA) experienced a significant improvement over the period from March 31, 2022 to December 31, 2024. The ROA started at a low of -37.79% in March 31, 2022 and steadily increased to reach positive territory, with a ROA of 4.41% by the end of December 31, 2024. This positive trend indicates that the company's assets have been utilized more efficiently to generate profits during this period. The improvement in ROA suggests that TransMedics Group Inc has been able to enhance its operational efficiency and profitability, which bodes well for the company's financial performance and overall strength.
Peer comparison
Dec 31, 2024