DoubleVerify Holdings Inc (DV)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 56,231 | 71,466 | 43,268 | 29,308 | 20,453 |
| Total assets | US$ in thousands | 1,276,210 | 1,243,030 | 1,037,030 | 892,194 | 511,334 |
| ROA | 4.41% | 5.75% | 4.17% | 3.28% | 4.00% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $56,231K ÷ $1,276,210K
= 4.41%
DoubleVerify Holdings Inc's Return on Assets (ROA) has shown variability over the past five years. The ROA for the fiscal year ending December 31, 2020, stood at 4.00% and decreased to 3.28% by December 31, 2021. However, there was an improvement in ROA to 4.17% by December 31, 2022, and further increased significantly to 5.75% by December 31, 2023. The most recent data available as of December 31, 2024, indicates a slight decline in ROA to 4.41%.
The fluctuation in ROA suggests that DoubleVerify Holdings Inc has been managing its assets to generate returns efficiently, although there have been some variations in performance over the years. It is essential for investors and stakeholders to continue monitoring the company's ROA trend to assess its profitability and asset utilization in the future.
Peer comparison
Dec 31, 2024