Viavi Solutions Inc (VIAV)
Return on assets (ROA)
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 34,800 | 5,100 | -39,000 | -37,400 | -25,800 | -4,200 | 5,000 | 2,700 | 25,500 | 42,100 | 76,700 | 102,900 | 15,500 | -2,900 | -10,300 | -23,000 | 46,100 | 74,700 | 30,100 | 36,200 |
| Total assets | US$ in thousands | 1,993,800 | 1,933,200 | 1,725,100 | 1,737,600 | 1,736,300 | 1,744,000 | 1,856,200 | 1,802,100 | 1,850,500 | 1,917,400 | 1,828,000 | 1,765,100 | 1,827,900 | 1,878,000 | 2,019,600 | 2,169,500 | 1,961,400 | 1,926,800 | 1,915,200 | 1,824,400 |
| ROA | 1.75% | 0.26% | -2.26% | -2.15% | -1.49% | -0.24% | 0.27% | 0.15% | 1.38% | 2.20% | 4.20% | 5.83% | 0.85% | -0.15% | -0.51% | -1.06% | 2.35% | 3.88% | 1.57% | 1.98% |
June 30, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $34,800K ÷ $1,993,800K
= 1.75%
The return on assets (ROA) of Viavi Solutions Inc. exhibits notable fluctuations over the analyzed period, reflecting varying levels of asset efficiency and profitability. Starting from a relatively modest 1.98% as of September 30, 2020, the ROA experienced a decline toward the end of 2020, reaching 1.57% at December 31, 2020. The beginning of 2021 marked a significant improvement, with the ROA climbing to 3.88% by March 31, 2021, indicating a period of enhanced asset utilization and profitability.
Throughout 2021, the ROA demonstrated volatility. It decreased to 2.35% by June 30, 2021, then turned negative at -1.06% by September 30, 2021, suggesting that the company was experiencing losses relative to its assets during this timeframe. The negative trend persisted into December 2021 and into early 2022, with ROA readings of -0.51% and -0.15%, respectively, indicating continued challenges in generating operating income from assets.
The trend reversed in mid-2022 and into 2022, with the ROA improving to positive territory at 0.85% by June 30, 2022, and further strengthening to 5.83% by September 30, 2022. This suggests a period of improved operational efficiency. The positive momentum continued into 2023, with ROA values of 4.20% at December 31, 2022, and 2.20% at March 31, 2023, although a slight decline was observed subsequently.
In the first half of 2023, the ROA declined further to 1.38% at June 30, 2023, and then to 0.15% at September 30, 2023. The data indicates a near-neutral asset profitability during this period. During the fourth quarter of 2023 and the first half of 2024, the ROA dipped into negative territory again, with values of -0.24% as of March 31, 2024, and reaching -2.15% by September 30, 2024. This trend points to renewed challenges affecting profitability relative to assets.
Continuing into 2024, the negative trend persisted, reaching -2.26% at December 31, 2024, before showing signs of modest recovery in 2025. The ROA increased to 0.26% as of March 31, 2025, and further to 1.75% at June 30, 2025. These latter figures suggest a partial return to positive profitability and improved asset efficiency during this period.
Overall, the ROA of Viavi Solutions Inc. over the analyzed timeline reflects periods of profitability interspersed with significant downturns, notably around late 2021 to early 2022 and again in late 2023 to early 2024. The fluctuations imply varying operational conditions, strategic shifts, or external market influences impacting the company's ability to generate earnings from its assets consistently.
Peer comparison
Jun 30, 2025