Return on Assets (ROA)
since 2005
Calculation
AmerisourceBergen Corp., ROA, long-term trends, calculation
| ROA | = | 100 | × | Net income (loss) attributable to AmerisourceBergen Corporation1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Sep 30, 2022 | 3.00% | = | 100 | × | 1,698,820) | ÷ | 56,560,616) |
| Sep 30, 2021 | 2.69% | = | 100 | × | 1,539,932) | ÷ | 57,337,805) |
| Sep 30, 2020 | -7.70% | = | 100 | × | (3,408,716) | ÷ | 44,274,830) |
| Sep 30, 2019 | 2.18% | = | 100 | × | 855,365) | ÷ | 39,171,980) |
| Sep 30, 2018 | 4.40% | = | 100 | × | 1,658,405) | ÷ | 37,669,838) |
| Sep 30, 2017 | 1.03% | = | 100 | × | 364,484) | ÷ | 35,316,470) |
| Sep 30, 2016 | 4.24% | = | 100 | × | 1,427,929) | ÷ | 33,656,200) |
| Sep 30, 2015 | -0.49% | = | 100 | × | (134,887) | ÷ | 27,736,157) |
| Sep 30, 2014 | 1.28% | = | 100 | × | 276,484) | ÷ | 21,532,183) |
| Sep 30, 2013 | 2.29% | = | 100 | × | 433,707) | ÷ | 18,918,638) |
| Sep 30, 2012 | 4.66% | = | 100 | × | 718,986) | ÷ | 15,444,126) |
| Sep 30, 2011 | 4.72% | = | 100 | × | 706,624) | ÷ | 14,982,671) |
| Sep 30, 2010 | 4.41% | = | 100 | × | 636,748) | ÷ | 14,434,843) |
| Sep 30, 2009 | 3.71% | = | 100 | × | 503,397) | ÷ | 13,572,740) |
| Sep 30, 2008 | 2.05% | = | 100 | × | 250,559) | ÷ | 12,217,786) |
| Sep 30, 2007 | 3.81% | = | 100 | × | 469,167) | ÷ | 12,310,064) |
| Sep 30, 2006 | 3.66% | = | 100 | × | 467,714) | ÷ | 12,783,920) |
| Sep 30, 2005 | 2.33% | = | 100 | × | 264,645) | ÷ | 11,381,174) |
Based on: 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-30), 10-K (reporting date: 2015-09-30), 10-K (reporting date: 2014-09-30), 10-K (reporting date: 2013-09-30), 10-K (reporting date: 2012-09-30), 10-K (reporting date: 2011-09-30), 10-K (reporting date: 2010-09-30), 10-K (reporting date: 2009-09-30), 10-K (reporting date: 2008-09-30), 10-K (reporting date: 2007-09-30), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-09-30).
1 US$ in thousands
- Net Income (Loss) Attributable to AmerisourceBergen Corporation
- The net income displays considerable volatility over the presented period. From 2005 to 2007, the net income increased steadily, reaching a peak in 2007. However, there was a notable decline in 2008, followed by a rebound and growth through 2010 to 2012, with values generally above the earlier years. A sharp decline was seen in 2014, turning into a significant net loss in 2015. This loss was promptly recovered in 2016 with the highest net income in the series, followed by fluctuating results with a peak again in 2018. Another steep decline occurred in 2020 with a substantial net loss, after which the company returned to positive net income in 2021 and 2022, maintaining positive and relatively stable figures.
- Total Assets
- Total assets showed consistent growth throughout the period, starting from around 11.4 billion USD in 2005, increasing notably over time, and surpassing 56 billion USD by 2022. The asset base expanded steadily year-over-year, with a particularly sharp increase between 2014 and 2016, and again between 2019 and 2021. This trend suggests ongoing investment and expansion in the company's asset portfolio.
- Return on Assets (ROA)
- The return on assets demonstrates significant fluctuations reflecting the variability in net income relative to total assets. ROA rose from a low of 2.33% in 2005 to a peak of 4.72% in 2011 but declined several times thereafter. A pronounced drop occurred in 2014 and turned negative in 2015, coinciding with the net loss reported in those years. ROA recovered strongly in 2016 and 2018, but plunged to a negative 7.7% in 2020, aligning with the large net loss that year. The ratio improved in the last two years, reaching around 3% in 2022, indicating a return to profitability relative to asset size.
- Summary of Trends and Insights
- Overall, the data reflects a company experiencing periods of strong growth and profitability interspersed with episodes of financial stress and losses. The expansion of total assets suggests an ongoing strategy of growth and asset accumulation. Fluctuations in net income and ROA highlight occasional challenges impacting earnings quality and returns on investments. The recovery following losses indicates operational resilience. The most recent years show stabilization and moderate profitability, but the volatility underscores the need for careful financial management to sustain consistent returns going forward.
Comparison to Competitors
AmerisourceBergen Corp., ROA, long-term trends, comparison to competitors
| AmerisourceBergen Corp. | Abbott Laboratories | Elevance Health Inc. | Intuitive Surgical Inc. | Medtronic PLC | UnitedHealth Group Inc. | |
|---|---|---|---|---|---|---|
| Sep 30, 2022 | 3.00% | 9.31% | 5.86% | 10.19% | 5.54% | 8.19% |
| Sep 30, 2021 | 2.69% | 9.40% | 6.26% | 12.58% | 3.87% | 8.15% |
| Sep 30, 2020 | -7.70% | 6.20% | 5.28% | 9.50% | 5.28% | 7.81% |
| Sep 30, 2019 | 2.18% | 5.43% | 6.21% | 14.17% | 5.16% | 7.96% |
| Sep 30, 2018 | 4.40% | 3.53% | 5.24% | 14.37% | 3.40% | 7.87% |
| Sep 30, 2017 | 1.03% | 0.63% | 5.45% | 11.46% | 4.04% | 7.59% |
| Sep 30, 2016 | 4.24% | 2.66% | 3.79% | 11.34% | 3.55% | 5.71% |
| Sep 30, 2015 | -0.49% | 10.72% | 4.15% | 12.00% | 2.51% | 5.22% |
| Sep 30, 2014 | 1.28% | 5.53% | 4.14% | 10.58% | 8.08% | 6.50% |
| Sep 30, 2013 | 2.29% | 6.00% | 4.18% | 16.99% | 9.95% | 6.87% |
| Sep 30, 2012 | 4.66% | 8.87% | 4.50% | 16.18% | 10.93% | 6.83% |
| Sep 30, 2011 | 4.72% | 7.84% | 5.09% | 16.16% | 10.18% | 7.57% |
| Sep 30, 2010 | 4.41% | 7.78% | 5.75% | 15.97% | 11.03% | 7.35% |
| Sep 30, 2009 | 3.71% | 10.96% | 9.10% | 12.85% | 9.17% | 6.47% |
| Sep 30, 2008 | 2.05% | 11.51% | 5.15% | 13.86% | 10.05% | 5.33% |
| Sep 30, 2007 | 3.81% | 9.08% | 6.43% | 13.90% | 14.36% | 9.14% |
| Sep 30, 2006 | 3.66% | 4.75% | 5.98% | 10.72% | 12.95% | 8.61% |
| Sep 30, 2005 | 2.33% | 11.57% | 4.79% | 18.77% | 10.86% | 7.98% |
Based on: 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-30), 10-K (reporting date: 2015-09-30), 10-K (reporting date: 2014-09-30), 10-K (reporting date: 2013-09-30), 10-K (reporting date: 2012-09-30), 10-K (reporting date: 2011-09-30), 10-K (reporting date: 2010-09-30), 10-K (reporting date: 2009-09-30), 10-K (reporting date: 2008-09-30), 10-K (reporting date: 2007-09-30), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-09-30).
Comparison to Sector (Health Care Equipment & Services)
AmerisourceBergen Corp., ROA, long-term trends, comparison to sector (health care equipment & services)
| AmerisourceBergen Corp. | Health Care Equipment & Services | |
|---|---|---|
| Sep 30, 2022 | 3.00% | 7.49% |
| Sep 30, 2021 | 2.69% | 7.28% |
| Sep 30, 2020 | -7.70% | 6.62% |
| Sep 30, 2019 | 2.18% | 6.77% |
| Sep 30, 2018 | 4.40% | 5.72% |
| Sep 30, 2017 | 1.03% | 5.00% |
| Sep 30, 2016 | 4.24% | 4.37% |
| Sep 30, 2015 | -0.49% | 4.93% |
| Sep 30, 2014 | 1.28% | 6.03% |
| Sep 30, 2013 | 2.29% | 6.64% |
| Sep 30, 2012 | 4.66% | 7.54% |
| Sep 30, 2011 | 4.72% | 7.54% |
| Sep 30, 2010 | 4.41% | 7.69% |
| Sep 30, 2009 | 3.71% | 8.84% |
| Sep 30, 2008 | 2.05% | 7.51% |
| Sep 30, 2007 | 3.81% | 8.92% |
| Sep 30, 2006 | 3.66% | 7.40% |
| Sep 30, 2005 | 2.33% | 7.94% |
Based on: 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-30), 10-K (reporting date: 2015-09-30), 10-K (reporting date: 2014-09-30), 10-K (reporting date: 2013-09-30), 10-K (reporting date: 2012-09-30), 10-K (reporting date: 2011-09-30), 10-K (reporting date: 2010-09-30), 10-K (reporting date: 2009-09-30), 10-K (reporting date: 2008-09-30), 10-K (reporting date: 2007-09-30), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-09-30).
Comparison to Industry (Health Care)
AmerisourceBergen Corp., ROA, long-term trends, comparison to industry (health care)
| AmerisourceBergen Corp. | Health Care | |
|---|---|---|
| Sep 30, 2022 | 3.00% | 9.66% |
| Sep 30, 2021 | 2.69% | 9.46% |
| Sep 30, 2020 | -7.70% | 5.81% |
| Sep 30, 2019 | 2.18% | 8.32% |
| Sep 30, 2018 | 4.40% | 7.90% |
| Sep 30, 2017 | 1.03% | 5.19% |
| Sep 30, 2016 | 4.24% | 7.31% |
| Sep 30, 2015 | -0.49% | 7.71% |
| Sep 30, 2014 | 1.28% | 8.59% |
| Sep 30, 2013 | 2.29% | 8.76% |
| Sep 30, 2012 | 4.66% | 8.09% |
| Sep 30, 2011 | 4.72% | 7.36% |
| Sep 30, 2010 | 4.41% | 7.24% |
| Sep 30, 2009 | 3.71% | 9.73% |
| Sep 30, 2008 | 2.05% | 9.50% |
| Sep 30, 2007 | 3.81% | 8.88% |
| Sep 30, 2006 | 3.66% | 10.52% |
| Sep 30, 2005 | 2.33% | 9.67% |
Based on: 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-30), 10-K (reporting date: 2015-09-30), 10-K (reporting date: 2014-09-30), 10-K (reporting date: 2013-09-30), 10-K (reporting date: 2012-09-30), 10-K (reporting date: 2011-09-30), 10-K (reporting date: 2010-09-30), 10-K (reporting date: 2009-09-30), 10-K (reporting date: 2008-09-30), 10-K (reporting date: 2007-09-30), 10-K (reporting date: 2006-09-30), 10-K (reporting date: 2005-09-30).