Etsy Inc (ETSY)

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	Mar 31, 2020
Operating income (ttm)	US$ in thousands	380,208	340,534	342,273	269,732	279,841	303,727	-739,609	-664,676	-658,560	-655,655	382,866	399,410	465,732	484,818	519,246	549,281	424,009	287,712	183,775	82,483
Total assets	US$ in thousands	2,417,780	2,442,210	2,448,090	2,497,670	2,685,400	2,449,200	2,568,750	2,500,540	2,634,960	2,450,310	3,607,100	3,745,180	3,831,810	3,502,140	3,290,420	2,497,410	2,404,490	2,214,500	1,762,030	1,517,640
Operating ROA		15.73%	13.94%	13.98%	10.80%	10.42%	12.40%	-28.79%	-26.58%	-24.99%	-26.76%	10.61%	10.66%	12.15%	13.84%	15.78%	21.99%	17.63%	12.99%	10.43%	5.43%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $380,208K ÷ $2,417,780K
= 15.73%

Operating return on assets (Operating ROA) is a key financial ratio that indicates the efficiency with which a company generates operating profits relative to its total assets. The Operating ROA for Etsy Inc has fluctuated over the quarters analyzed.

- From March 31, 2020, to June 30, 2021, the Operating ROA showed a consistent upward trend, indicating an improvement in the company's ability to generate operating income from its assets.
- The peak Operating ROA of 21.99% was achieved on March 31, 2021, demonstrating strong operational performance during that period.
- However, from June 30, 2021, to December 31, 2024, the Operating ROA fluctuated, with some quarters showing a decline. Notably, there were significant negative values observed in the quarters from September 30, 2022, to June 30, 2023, suggesting operational challenges or unusual events impacting the company's profitability.

It is important for investors and stakeholders to closely monitor the Operating ROA of Etsy Inc to assess the company's operational efficiency and profitability relative to its assets. Further analysis and contextual information would be necessary to fully understand the factors contributing to the fluctuations in the Operating ROA over the periods examined.