HealthStream Inc (HSTM)

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	20,009	19,710	17,852	17,817	15,213	13,072	12,871	11,821	12,091	9,255	7,089	6,447	5,845	7,155	8,289	9,290	14,091	16,851	17,929	16,888
Total assets	US$ in thousands	510,766	502,831	499,555	511,605	499,942	498,050	493,474	503,159	497,741	481,197	477,704	483,926	486,753	494,714	496,302	501,682	500,313	476,557	477,825	481,511
ROA		3.92%	3.92%	3.57%	3.48%	3.04%	2.62%	2.61%	2.35%	2.43%	1.92%	1.48%	1.33%	1.20%	1.45%	1.67%	1.85%	2.82%	3.54%	3.75%	3.51%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $20,009K ÷ $510,766K
= 3.92%

HealthStream Inc's return on assets (ROA) has shown some fluctuations over the past few years. In March 2020, the ROA stood at 3.51%, increased to 3.75% by June 2020, and then slightly dropped to 3.54% by September 2020. However, there was a notable decrease to 2.82% by December 2020.

Subsequently, the ROA continued to decline, reaching its lowest point at 1.20% in December 2021. From there, there was a gradual increase in ROA, with slight fluctuations, reaching 3.92% by December 2024. Notably, the ROA surpassed the 3% mark again from March 2023 onwards, indicating an improvement in the company's ability to generate profits from its assets.

Overall, although there were some fluctuations, HealthStream Inc managed to maintain a relatively stable ROA in the range of 1% to 4% over the analyzed period, signaling a moderate financial performance in terms of asset efficiency.