Duolingo Inc (DUOL)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 88,574 | 86,784 | 66,231 | 45,605 | 16,067 | -9,980 | -31,232 | -50,002 | -59,574 | -63,161 | -73,686 | -58,817 | -60,135 | -53,025 | -27,231 | -27,015 | -15,776 |
| Total assets | US$ in thousands | 1,301,730 | 1,219,550 | 1,139,440 | 1,068,670 | 964,229 | 870,714 | 834,803 | 790,379 | 747,347 | 713,699 | 701,050 | 684,511 | 661,311 | 617,777 | 181,693 | 176,874 | 175,739 |
| ROA | 6.80% | 7.12% | 5.81% | 4.27% | 1.67% | -1.15% | -3.74% | -6.33% | -7.97% | -8.85% | -10.51% | -8.59% | -9.09% | -8.58% | -14.99% | -15.27% | -8.98% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $88,574K ÷ $1,301,730K
= 6.80%
Duolingo Inc's return on assets (ROA) experienced a significant decline in the previous quarters, with negative percentages ranging from around -15% to -8.5%. However, starting from the end of 2023, the company began to show a positive trend in its ROA, gradually increasing to 6.80% by the end of December 2024. This improvement suggests that Duolingo Inc has been able to generate a higher return relative to its total assets, indicating potentially more efficient asset utilization and profitability. Further monitoring of the ROA trend will be essential to assess the company's ongoing financial performance and sustainability.
Peer comparison
Dec 31, 2024