Veralto Corporation (VLTO)
Return on assets (ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | ||
|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 833,000 | 806,000 | 792,000 |
| Total assets | US$ in thousands | 6,406,000 | 6,263,000 | 5,903,000 |
| ROA | 13.00% | 12.87% | 13.42% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $833,000K ÷ $6,406,000K
= 13.00%
The return on assets (ROA) for Veralto Corporation has been consistently strong over the past three quarters. In June 30, 2024, the ROA stood at 13.42%, indicating that for every dollar of assets, the company generated a profit of 13.42 cents. Although there was a slight decrease in September 30, 2024 to 12.87%, the ROA remained robust compared to industry averages. By December 31, 2024, the ROA improved slightly to 13.00%, reflecting the company's ability to efficiently utilize its assets to generate profits. Overall, Veralto Corporation's ROA demonstrates effective asset management and profitability in its operations.
Peer comparison
Dec 31, 2024