IAC Inc. (IAC)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -4,230 | -260,763 | -362,018 | -17,606 | -272,517 |
| Total assets | US$ in thousands | 9,547,160 | 10,371,200 | 10,393,600 | 12,614,300 | 9,161,710 |
| Operating ROA | -0.04% | -2.51% | -3.48% | -0.14% | -2.97% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $-4,230K ÷ $9,547,160K
= -0.04%
IAC Inc.'s operating return on assets (operating ROA) has shown fluctuating trends over the years, based on the provided data. In December 2020, the operating ROA was at a low of -2.97%, indicating that for every dollar of assets the company owned, it generated a loss of $0.0297 from its operations.
However, by December 2021, there was a slight improvement as the operating ROA increased to -0.14%, although it remained negative. This suggests a reduction in the loss incurred per dollar of assets.
In December 2022, the operating ROA worsened to -3.48%, indicating a significant decrease in operational efficiency and profitability relative to the previous year. The company continued to generate losses from its operations in relation to its asset base.
By December 2023, there was a slight improvement as the operating ROA improved to -2.51%, indicating that the company was able to reduce its losses relative to its asset base compared to the prior year.
Finally, in December 2024, there was a notable improvement as the operating ROA increased to -0.04%, moving closer to breakeven. This suggests that the company was able to generate a very small profit relative to its asset base.
Overall, the data shows that IAC Inc. has experienced challenges in generating profits from its operating activities, as indicated by the consistently negative operating ROA figures. The company made some progress in improving its operational efficiency towards the end of the period, but further efforts may be needed to enhance profitability and optimize asset utilization.
Peer comparison
Dec 31, 2024