Stock Analysis on Net

Illumina Inc. (NASDAQ:ILMN)

This company has been moved to the archive! The financial data has not been updated since November 5, 2021.

Return on Assets (ROA) 
since 2005

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Calculation

Illumina Inc., ROA, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-29), 10-K (reporting date: 2018-12-30), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2017-01-01), 10-K (reporting date: 2016-01-03), 10-K (reporting date: 2014-12-28), 10-K (reporting date: 2013-12-29), 10-K (reporting date: 2012-12-30), 10-K (reporting date: 2012-01-01), 10-K (reporting date: 2011-01-02), 10-K (reporting date: 2010-01-03), 10-K (reporting date: 2008-12-28), 10-K (reporting date: 2007-12-30), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2006-01-01).

1 US$ in millions


The analysis of the financial data reveals several notable trends over the examined periods. The net income attributable to Illumina stockholders exhibits significant volatility in the earlier years, including a substantial loss of $278 million at the end of 2007, followed by recovery and generally positive earnings from 2008 onward. Noteworthy growth in net income occurs from 2013 to 2019, peaking at $1,002 million in 2019, before declining to $656 million in 2020.

Total assets demonstrate a consistent upward trajectory throughout the entire period. Starting from $101 million in early 2006, total assets increase steadily and substantially, reaching $7,585 million by the end of 2020. This growth indicates ongoing investment and expansion within the company.

Return on assets (ROA) shows a pattern that closely correlates with net income trends. Early negative ROA values correspond to the net losses experienced, with a low of -28.18% in 2007. From 2008 onward, ROA becomes positive, reflecting improved profitability. ROA peaks intermittently, with high values around 13.8% in 2017 and 13.7% in 2019, demonstrating efficient use of assets during these years. However, a decline to 8.65% in 2020 signals a reduction in asset profitability despite the continued asset base growth.

Net Income Trends
Initial volatility with losses transitioning to sustained profitability from 2008 forward.
Peak net income observed in 2019, with a subsequent decline in 2020.
Total Assets Growth
Consistent increase across all periods, indicating expansion and asset accumulation.
More than 70-fold increase from 2006 to 2020.
Return on Assets (ROA)
ROA moves from negative to positive values, aligning with improved net income performance.
Peaks in 2017 and 2019 illustrate periods of high operational efficiency.
Decline in 2020 suggests challenges in maintaining asset profitability despite growth.

Comparison to Competitors

Illumina Inc., ROA, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-29), 10-K (reporting date: 2018-12-30), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2017-01-01), 10-K (reporting date: 2016-01-03), 10-K (reporting date: 2014-12-28), 10-K (reporting date: 2013-12-29), 10-K (reporting date: 2012-12-30), 10-K (reporting date: 2012-01-01), 10-K (reporting date: 2011-01-02), 10-K (reporting date: 2010-01-03), 10-K (reporting date: 2008-12-28), 10-K (reporting date: 2007-12-30), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2006-01-01).


Comparison to Sector (Pharmaceuticals, Biotechnology & Life Sciences)

Illumina Inc., ROA, long-term trends, comparison to sector (pharmaceuticals, biotechnology & life sciences)

Microsoft Excel

Based on: 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-29), 10-K (reporting date: 2018-12-30), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2017-01-01), 10-K (reporting date: 2016-01-03), 10-K (reporting date: 2014-12-28), 10-K (reporting date: 2013-12-29), 10-K (reporting date: 2012-12-30), 10-K (reporting date: 2012-01-01), 10-K (reporting date: 2011-01-02), 10-K (reporting date: 2010-01-03), 10-K (reporting date: 2008-12-28), 10-K (reporting date: 2007-12-30), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2006-01-01).


Comparison to Industry (Health Care)

Illumina Inc., ROA, long-term trends, comparison to industry (health care)

Microsoft Excel

Based on: 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-29), 10-K (reporting date: 2018-12-30), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2017-01-01), 10-K (reporting date: 2016-01-03), 10-K (reporting date: 2014-12-28), 10-K (reporting date: 2013-12-29), 10-K (reporting date: 2012-12-30), 10-K (reporting date: 2012-01-01), 10-K (reporting date: 2011-01-02), 10-K (reporting date: 2010-01-03), 10-K (reporting date: 2008-12-28), 10-K (reporting date: 2007-12-30), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2006-01-01).