ANGI Homeservices Inc (ANGI)
Operating return on assets (Operating ROA)
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 39,172 | 21,885 | 27,347 | 34,651 | 8,781 | -981 | -37,387 | -65,862 | -70,065 | -96,976 | -97,115 | -98,734 | -110,579 | -76,513 | -52,292 | -40,338 | 10,037 | -6,368 | 4,486 | 32,231 |
| Total assets | US$ in thousands | 1,805,530 | 1,830,740 | 1,856,010 | 1,852,460 | 1,834,980 | 1,856,220 | 1,905,760 | 1,902,220 | 1,888,900 | 1,907,780 | 1,968,160 | 2,017,520 | 2,004,820 | 2,010,140 | 2,075,040 | 2,106,730 | 2,301,590 | 2,368,180 | 2,414,600 | 1,925,390 |
| Operating ROA | 2.17% | 1.20% | 1.47% | 1.87% | 0.48% | -0.05% | -1.96% | -3.46% | -3.71% | -5.08% | -4.93% | -4.89% | -5.52% | -3.81% | -2.52% | -1.91% | 0.44% | -0.27% | 0.19% | 1.67% |
March 31, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $39,172K ÷ $1,805,530K
= 2.17%
The operating return on assets (ROA) of ANGI Homeservices Inc demonstrates a fluctuating trend over the period from June 2020 through March 2025. Initially, the ROA was positive at 1.67% as of June 30, 2020, indicating that the company was generating operating income relative to its asset base. This positive performance diminished significantly by September 2020 to 0.19%, and subsequently turned slightly negative with a value of -0.27% at the end of 2020.
Throughout 2021, the ROA endured continued negative readings, with the lowest point reaching -3.81% in December 2021. The trend highlights persistent challenges in generating operating returns on assets during this period, with negative values intensifying in 2022, peaking at -5.52% in March 2022, and remaining negative through the mid and late parts of 2022, with the figure around -4.93% to -5.08%.
In 2023, there was a gradual improvement as the negative ROA narrowed, reaching -3.71% by March and -3.46% in June. An accelerating recovery is apparent in the latter part of 2023 and into 2024, as the ROA turns positive. Specifically, the figure crosses into positive territory at the end of December 2023 with -0.05%, and by March 2024, the ROA reaches 0.48%.
The positive trend continues through 2024 and into the beginning of 2025. The ROA steadily increases, reaching 1.87% in June 2024, slightly declining to 1.47% by September, but remaining positive. As of December 2024, the ROA is 1.20%, and further growth is observed, with the figure climbing to 2.17% by March 2025.
Overall, the ANGI Homeservices Inc operating ROA exhibits a transition from periods of negative to positive returns, reflecting a phase of recovery and improving operational efficiency over the last two years. The trend suggests the company's increasing ability to generate operating income relative to its asset base, indicating a potentially strengthening operational environment as of the most recent data.
Peer comparison
Mar 31, 2025