IAC Inc. (IAC)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -539,897 | 265,942 | -1,195,150 | 597,547 | 269,726 |
| Total assets | US$ in thousands | 9,547,160 | 10,371,200 | 10,393,600 | 12,614,300 | 9,161,710 |
| ROA | -5.66% | 2.56% | -11.50% | 4.74% | 2.94% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $-539,897K ÷ $9,547,160K
= -5.66%
To analyze IAC Inc.'s Return on Assets (ROA) over the past five years:
1. December 31, 2020: The ROA was 2.94%. This indicates that the company generated a profit of 2.94 cents for every dollar of assets it had in 2020.
2. December 31, 2021: The ROA improved to 4.74%, showing a positive trend in utilizing its assets more efficiently to generate earnings.
3. December 31, 2022: However, in 2022, the ROA dramatically decreased to -11.50%. A negative ROA suggests that the company incurred a loss rather than a profit from its assets, which may raise concerns about operational efficiency or asset management.
4. December 31, 2023: The ROA rebounded to 2.56% in 2023, indicating a recovery from the previous year's negative performance.
5. December 31, 2024: Unfortunately, the ROA dropped to -5.66% in 2024, suggesting that the company faced challenges in generating profits relative to its asset base.
Overall, the fluctuating trend in ROA over the past five years for IAC Inc. signals variability in the company's ability to utilize its assets to generate profits effectively. Further investigation into the factors driving these fluctuations would be essential to assess the company's operational performance and financial health accurately.
Peer comparison
Dec 31, 2024