Blackbaud Inc (BLKB)

Return on assets (ROA)

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Net income US$ in thousands -286,951 1,820 -45,407 5,698 7,717
Total assets US$ in thousands 2,495,720 2,912,280 2,992,700 2,965,360 2,044,730
ROA -11.50% 0.06% -1.52% 0.19% 0.38%

December 31, 2024 calculation

ROA = Net income ÷ Total assets
= $-286,951K ÷ $2,495,720K
= -11.50%

Blackbaud Inc's return on assets (ROA) has fluctuated over the past five years. In 2020, the company's ROA was at 0.38%, indicating that for every dollar of assets, the company generated a profit of 0.38 cents. However, in 2021, the ROA decreased to 0.19%, suggesting a lower level of profitability relative to its asset base.

There was a significant decline in ROA in 2022, dropping to -1.52%. A negative ROA indicates that the company incurred a net loss on its assets during this period. This negative performance could be attributed to various factors such as declining revenues or increased expenses.

In 2023, the ROA improved slightly to 0.06%, indicating a modest but positive return on assets for the company. However, in 2024, Blackbaud Inc experienced a substantial decline in ROA, plummeting to -11.50%. This sharp decrease could be a cause for concern as it signifies a significant deterioration in the company's profitability relative to its asset base.

Overall, the analysis of Blackbaud Inc's ROA shows a mix of positive and negative trends over the five-year period, highlighting fluctuations in the company's efficiency in utilizing its assets to generate profits. It is essential for investors and stakeholders to monitor these trends closely to assess the company's financial performance and sustainability.