Blackbaud Inc (BLKB)

Return on assets (ROA)

		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	Mar 31, 2020
Net income (ttm)	US$ in thousands	-286,951	52,991	41,466	21,767	1,820	-24,838	-44,174	-49,701	-45,407	-31,205	-14,698	-4,545	5,698	-866	-2,178	2,914	7,717	22,662	22,352	17,669
Total assets	US$ in thousands	2,495,720	2,600,970	3,042,750	2,549,130	2,912,280	2,603,280	3,093,010	2,639,350	2,992,700	2,626,580	2,825,520	2,628,700	2,965,360	1,654,940	1,903,360	1,684,340	2,044,730	1,651,160	1,896,810	1,670,920
ROA		-11.50%	2.04%	1.36%	0.85%	0.06%	-0.95%	-1.43%	-1.88%	-1.52%	-1.19%	-0.52%	-0.17%	0.19%	-0.05%	-0.11%	0.17%	0.38%	1.37%	1.18%	1.06%

December 31, 2024 calculation

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

Based on the provided data for Blackbaud Inc's return on assets (ROA), we observe fluctuations in the company's ROA over the quarters from March 31, 2020, to December 31, 2024. Initially, the ROA increased steadily from 1.06% in March 2020 to 1.37% in September 2020, indicating improved efficiency in generating profits relative to its total assets.

However, the trend reversed in the subsequent quarters, with the ROA declining to negative values by June 2021 (-0.11%) and reaching its lowest point at -1.88% by March 2023. These negative ROA values suggest that Blackbaud Inc's assets were not effectively utilized to generate profits during these periods, potentially signaling operational challenges or financial difficulties.

Subsequently, there was a gradual recovery in the company's ROA, with positive values recorded from December 31, 2023, onwards. Notably, the ROA significantly improved to 2.04% by September 30, 2024, indicating enhanced profitability relative to its total assets.

However, the sharp decline to -11.50% by December 31, 2024, raises concerns about the company's asset management and profitability during that particular quarter. Overall, the fluctuating trend in Blackbaud Inc's ROA highlights the company's varying levels of efficiency and profitability in utilizing its assets over the analyzed period.