DoubleVerify Holdings Inc (DV)
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 | 82,420 | 85,727 | 59,024 | 26,684 | 21,355 |
| Total assets | US$ in thousands | 1,276,210 | 1,243,030 | 1,037,030 | 892,194 | 511,334 |
| Operating ROA | 6.46% | 6.90% | 5.69% | 2.99% | 4.18% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $82,420K ÷ $1,276,210K
= 6.46%
Based on the data provided for DoubleVerify Holdings Inc, the operating return on assets (ROA) has shown fluctuations over the years. The operating ROA was 4.18% as of December 31, 2020, which decreased to 2.99% by December 31, 2021, indicating a decline in the company's ability to generate operating profits relative to its assets.
However, there was a notable improvement in operating ROA in the subsequent years. By December 31, 2022, the operating ROA increased to 5.69%, reflecting a more efficient utilization of assets to generate operating income. This positive trend continued as of December 31, 2023, with the operating ROA further improving to 6.90%.
Despite a slight dip in operating ROA to 6.46% by December 31, 2024, the overall trend indicates an upward trajectory in the company's operational efficiency and profitability in relation to its assets. It is essential for stakeholders to monitor these metrics to assess DoubleVerify Holdings Inc's performance and sustainability in the long run.
Peer comparison
Dec 31, 2024