Godaddy Inc (GDDY)

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	921,400	866,900	780,400	685,400	558,600	492,400	455,000	460,000	498,800	488,700	490,300	453,700	382,100	349,800	310,900	245,800	272,200	253,200	252,200	248,200
Total assets	US$ in thousands	8,235,400	7,997,200	7,721,900	7,978,800	7,564,900	6,499,200	6,793,900	7,092,300	6,973,500	7,072,900	6,904,100	6,901,300	7,417,100	7,298,000	7,362,100	7,259,300	6,432,900	6,207,800	6,092,100	6,162,200
Operating ROA		11.19%	10.84%	10.11%	8.59%	7.38%	7.58%	6.70%	6.49%	7.15%	6.91%	7.10%	6.57%	5.15%	4.79%	4.22%	3.39%	4.23%	4.08%	4.14%	4.03%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $921,400K ÷ $8,235,400K
= 11.19%

Operating ROA measures how effectively a company generates profit from its assets used in operations. Looking at the data for Godaddy Inc, we observe a gradual increase in operating ROA over the quarters, starting from 4.03% in March 2020 and reaching 11.19% by December 2024. This improvement suggests that the company has been more efficient in utilizing its assets to generate operating income over time. The trend indicates a positive performance as Godaddy Inc is able to generate a higher return on its assets, reflecting a potential enhancement in operational efficiency and profitability. The increasing trend in operating ROA signals that management is effectively utilizing the company's assets to generate operating profits, which can be viewed positively by investors and stakeholders.