ANGI Homeservices Inc (ANGI)
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 | 21,885 | -26,498 | -100,300 | -76,513 | -5,150 |
| Total assets | US$ in thousands | 1,830,740 | 1,856,220 | 1,907,780 | 2,010,140 | 2,368,180 |
| Operating ROA | 1.20% | -1.43% | -5.26% | -3.81% | -0.22% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $21,885K ÷ $1,830,740K
= 1.20%
The operating return on assets (ROA) for ANGI Homeservices Inc. has experienced notable fluctuations over the period from December 31, 2020, to December 31, 2024. As of December 31, 2020, the company's operating ROA was reported at -0.22%, indicating a marginally negative efficiency in generating operating income relative to its total assets. This negative figure widened significantly by December 31, 2021, reaching -3.81%, suggesting a deterioration in operating performance or increased asset utilization challenges during that year.
The trend continued into December 31, 2022, with the operating ROA declining further to -5.26%, which reflects an increasing negative impact on operating efficiency. This continued decline might be attributable to operational headwinds, increased costs, or strategic challenges impacting profitability relative to assets.
By December 31, 2023, there was a partial recovery in operating ROA, improving to -1.43%. Although still negative, this indicates a significant reduction in the degree of inefficiency, potentially signaling operational improvements or adjustments in asset management.
Finally, as of December 31, 2024, the operating ROA turned positive at 1.20%, representing a notable turnaround. This positive figure suggests that the company has achieved relative operating efficiency, effectively generating operating income in excess of its asset base, and potentially indicating a period of improved operational leverage and profitability.
Overall, the trajectory of ANGI Homeservices Inc.'s operating ROA demonstrates a period of significant challenges, with a period of decline followed by a trend toward operational recovery and improvement, culminating in positive operating returns on assets at the end of 2024.
Peer comparison
Dec 31, 2024