DoubleVerify Holdings Inc (DV)

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
Net income (ttm)	US$ in thousands	56,231	65,936	61,082	66,447	71,466	56,429	53,413	50,864	43,268	53,508	51,101	28,243	29,308	9,130	7,011	23,657	20,453	19,979	21,188
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	—
ROA		4.41%	5.02%	4.80%	5.27%	5.75%	4.80%	4.93%	4.78%	4.17%	5.34%	5.24%	2.92%	3.28%	1.13%	0.89%	4.60%	4.00%	4.20%	—

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $56,231K ÷ $1,276,210K
= 4.41%

DoubleVerify Holdings Inc's Return on Assets (ROA) has shown a fluctuating trend over the past few years. ROA indicates how efficiently the company is utilizing its assets to generate profits.

From September 30, 2020, to December 31, 2020, ROA remained relatively stable, indicating a strong performance. However, there was a slight decrease in the ROA to 0.89% by June 30, 2021, which could be a cause for concern.

From thereon, the ROA showed an increasing trend, reaching a peak of 5.34% on September 30, 2022. This improvement suggests that the company was able to generate more earnings relative to its assets during this period.

Although there were fluctuations in ROA in the subsequent quarters, overall, the ROA remained above 4%, indicating that DoubleVerify Holdings Inc was effectively utilizing its assets to generate profits.

The consistent performance of ROA above 4% implies that the company has been efficient in managing its assets and generating returns for its investors. However, it is essential for the company to monitor and sustain this performance to ensure long-term profitability and growth.