Stock Analysis on Net

Allergan PLC (NYSE:AGN)

$22.49

This company has been moved to the archive! The financial data has not been updated since May 7, 2020.

Return on Assets (ROA)
since 2005

Microsoft Excel

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Calculation

Allergan PLC, ROA, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$ in thousands

Net Income (Loss) Attributable to Shareholders
The net income exhibited considerable volatility throughout the analyzed period. Beginning with a positive figure of approximately $138 million in 2005, the company experienced a significant loss in 2006 amounting to around $445 million. This was followed by a rebound with positive net income in 2007 and 2008, reaching over $238 million. From 2009 onward, net income fluctuated widely, with substantial losses occurring in 2013 and 2014 (over $750 million and $1.63 billion respectively). A notable recovery was seen in 2015 and 2016, with net income surging to nearly $3.92 billion and $14.97 billion. However, from 2017 onwards, the company faced recurring net losses, with negative figures increasing steadily up to approximately $5.27 billion by 2019.
Total Assets
Total assets demonstrated a general upward trend from 2005 to 2015, increasing from approximately $3.08 billion to a peak of around $135.8 billion in 2015. Following 2015, total assets declined progressively each year, ending at approximately $94.7 billion in 2019. This pattern indicates significant asset growth, particularly between 2011 and 2015, followed by a consistent reduction in asset base in the later years.
Return on Assets (ROA)
ROA values reveal fluctuating profitability relative to the asset base over the period. Positive returns were recorded in several years, notably achieving 11.61% in 2016, which corresponds with the peak in net income. In contrast, negative ROA values occurred in 2006, 2013, 2014, and from 2017 through 2019, reflecting periods of loss. The trend shows an overall decline in return on assets post-2016, with the final years displaying negative profitability ratios, implying efficiency challenges in generating profit from available assets during that timeframe.
Summary of Trends
The data portrays a company experiencing recurrent fluctuations in profitability amidst significant changes in asset size. Rapid asset growth until 2015 likely parallels operational expansions or acquisitions, followed by asset reductions possibly tied to divestitures or impairment. The pronounced swings in net income and corresponding ROA indicate episodic profitability challenges, especially in the years after 2016. The post-2015 period is marked by reduced asset values and persistent net losses, calling attention to potential operational or market pressures affecting financial performance.

Comparison to Competitors

Allergan PLC, ROA, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).


Comparison to Sector (Pharmaceuticals, Biotechnology & Life Sciences)

Allergan PLC, ROA, long-term trends, comparison to sector (pharmaceuticals, biotechnology & life sciences)

Microsoft Excel

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).


Comparison to Industry (Health Care)