Hims Hers Health Inc (HIMS)
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 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 126,038 | 101,258 | 18,103 | -2,351 | -23,546 | -35,720 | -46,993 | -59,515 | -65,700 | -85,932 | -83,033 | -72,507 | -107,659 | -81,727 | -71,657 | -63,485 | -18,114 | -12,157 | -5,850 | -4,886 |
| Total assets | US$ in thousands | 707,539 | 602,261 | 480,500 | 448,106 | 441,186 | 413,865 | 389,884 | 376,306 | 366,341 | 382,827 | 379,965 | 382,039 | 420,585 | 420,069 | 347,699 | 345,900 | 118,697 | 205,814 | 206,201 | 206,287 |
| ROA | 17.81% | 16.81% | 3.77% | -0.52% | -5.34% | -8.63% | -12.05% | -15.82% | -17.93% | -22.45% | -21.85% | -18.98% | -25.60% | -19.46% | -20.61% | -18.35% | -15.26% | -5.91% | -2.84% | -2.37% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $126,038K ÷ $707,539K
= 17.81%
Hims Hers Health Inc's return on assets (ROA) exhibited a declining trend from March 2020 to June 2024. The ROA was negative during the period from March 2020 to September 2024, indicating that the company's net income generated from its assets was insufficient to cover its operating expenses and debt obligations.
However, a notable improvement in ROA was observed starting from the end of June 2024, where the percentage turned positive. The significant increase in ROA from September 2024 to December 2024 suggests that the company was able to enhance its profitability and efficiency in utilizing its assets to generate income.
Overall, the fluctuating and predominantly negative ROA during the earlier periods indicates potential challenges in managing and optimizing assets effectively. The recent positive ROA trend may signal improved financial performance and operational effectiveness for Hims Hers Health Inc.
Peer comparison
Dec 31, 2024