Viatris Inc (VTRS)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 10,100 | 766,200 | 1,614,900 | -34,000 | -210,800 |
| Total assets | US$ in thousands | 41,500,900 | 47,685,500 | 50,022,200 | 54,842,800 | 61,553,000 |
| Operating ROA | 0.02% | 1.61% | 3.23% | -0.06% | -0.34% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $10,100K ÷ $41,500,900K
= 0.02%
The operating return on assets (operating ROA) of Viatris Inc has shown a significant improvement over the past few years. From a negative figure of -0.34% on December 31, 2020, the company managed to turn around its performance and achieve positive operating ROA figures of -0.06% on December 31, 2021, 3.23% on December 31, 2022, and 1.61% on December 31, 2023.
However, there was a slight decrease in operating ROA to 0.02% on December 31, 2024. Overall, this indicates that the company has been able to generate a positive return on its assets, though the latest figure suggests a dip in performance compared to the previous year. It would be important for Viatris Inc to continue monitoring and improving its operating ROA to ensure effective and efficient asset utilization in the future.
Peer comparison
Dec 31, 2024