Appfolio Inc (APPF)
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 | 135,644 | 963 | -72,370 | -11,878 | 9,783 |
| Total assets | US$ in thousands | 626,678 | 408,889 | 381,217 | 408,017 | 389,480 |
| Operating ROA | 21.64% | 0.24% | -18.98% | -2.91% | 2.51% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $135,644K ÷ $626,678K
= 21.64%
The operating return on assets (operating ROA) for Appfolio Inc has shown significant fluctuations over the years based on the provided data.
- As of December 31, 2020, the operating ROA was 2.51%, indicating that the company generated a positive return on its assets.
- However, by December 31, 2021, the operating ROA declined to -2.91%, suggesting that the company incurred operating losses in relation to its asset base.
- The situation worsened by December 31, 2022, with the operating ROA plummeting to -18.98%, indicating a substantial decrease in operating efficiency and profitability.
- There was a slight improvement by December 31, 2023, where the operating ROA increased to 0.24%, but the company still struggled to generate significant returns on its assets.
- By December 31, 2024, the operating ROA surged to 21.64%, marking a substantial rebound and indicating that the company experienced a significant increase in operating efficiency and profitability.
Overall, the operating ROA trend for Appfolio Inc reflects fluctuations in operational performance and efficiency over the years, with a notable recovery in profitability by the end of 2024. This suggests that the company may have implemented strategic changes to enhance its operational effectiveness and generate better returns on its asset investments.
Peer comparison
Dec 31, 2024