DoubleVerify Holdings Inc (DV)

Operating return on assets (Operating 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
Operating income (ttm)	US$ in thousands	82,488	81,335	73,847	77,443	85,683	76,684	72,845	71,369	59,024	46,446	43,857	20,765	26,684	14,402	8,362	25,504	21,355	31,272	36,996
Total assets	US$ in thousands	1,276,210	1,312,350	1,272,640	1,260,190	1,243,030	1,175,180	1,082,660	1,064,860	1,037,030	1,001,420	976,017	965,683	892,194	805,997	790,102	514,394	511,334	475,326	—
Operating ROA		6.46%	6.20%	5.80%	6.15%	6.89%	6.53%	6.73%	6.70%	5.69%	4.64%	4.49%	2.15%	2.99%	1.79%	1.06%	4.96%	4.18%	6.58%	—

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $82,488K ÷ $1,276,210K
= 6.46%

DoubleVerify Holdings Inc's operating return on assets (ROA) has shown fluctuations over the past few years. The metric was not available for June 30, 2020, but for the subsequent quarters, it ranged between 1.06% to 6.58%.

From September 30, 2020, to December 31, 2021, the operating ROA decreased gradually from 6.58% to 2.99%. However, there was a slight improvement in the metric in the first quarter of 2022, reaching 4.49%.

Subsequently, from March 31, 2022, to December 31, 2024, the operating ROA continued to trend upwards, fluctuating in the range of 2.15% to 6.46%. Notably, the metric peaked at 6.89% on December 31, 2023.

Overall, the trend indicates that DoubleVerify Holdings Inc has been able to effectively generate operating income relative to its total assets, with some fluctuations in performance over the analyzed period. It demonstrates the company's ability to efficiently utilize its assets to generate profits, reflecting positively on its operational efficiency.