Viatris Inc (VTRS)
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 | -634,200 | -883,300 | -646,500 | -56,100 | 54,700 | 1,831,500 | 1,854,200 | 1,904,100 | 2,078,600 | 803,600 | 760,800 | 167,700 | -1,269,100 | -1,921,100 | -2,046,900 | -1,728,300 | -669,900 | 266,400 | 270,500 | 62,600 |
| Total assets | US$ in thousands | 41,500,900 | 44,754,100 | 45,330,000 | 47,343,700 | 47,685,500 | 48,742,600 | 48,695,200 | 49,290,200 | 50,022,200 | 48,662,600 | 51,125,100 | 53,466,900 | 54,842,800 | 56,070,400 | 57,984,100 | 58,979,200 | 61,553,000 | 31,243,100 | 30,155,400 | 30,145,900 |
| ROA | -1.53% | -1.97% | -1.43% | -0.12% | 0.11% | 3.76% | 3.81% | 3.86% | 4.16% | 1.65% | 1.49% | 0.31% | -2.31% | -3.43% | -3.53% | -2.93% | -1.09% | 0.85% | 0.90% | 0.21% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $-634,200K ÷ $41,500,900K
= -1.53%
The return on assets (ROA) of Viatris Inc has shown fluctuations over the period under review. The ROA started positively at 0.21% as of March 31, 2020, but then improved significantly to 0.90% by June 30, 2020. Subsequently, the ROA remained relatively stable above 0.80% until the end of March 2021.
However, there was a notable decline in ROA in the following quarters, with negative ROA figures ranging from -1.09% as of December 31, 2020, to -3.53% by June 30, 2021. The negative trend persisted into the second half of 2021, with ROA ranging from -3.43% as of September 30, 2021, to -2.31% by December 31, 2021.
The trend reversed in the first quarter of 2022, with the ROA turning positive at 0.31% and continued to improve in the subsequent quarters. The ROA reached its peak at 4.16% as of December 31, 2022, before gradually reducing to 0.11% by December 31, 2023.
The last periods showed a slight decline in ROA, with negative figures recorded as of March 31, 2024, and a more significant drop to -1.97% by September 30, 2024. By December 31, 2024, the ROA had improved slightly to -1.53%. Overall, the analysis indicates varying performance in utilizing assets to generate profit, with periods of growth followed by declines and subsequent recoveries.
Peer comparison
Dec 31, 2024