IAC Inc. (IAC)
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 | -539,897 | -13,170 | -159,989 | -106,802 | 265,942 | -74,818 | 251,897 | -534,457 | -1,193,125 | -1,161,379 | -1,038,906 | 24,697 | 583,611 | 1,074,000 | 1,200,267 | 915,946 | 269,726 | 175,724 | 7,273 | 117,179 |
| Total assets | US$ in thousands | 9,547,160 | 9,837,190 | 10,204,100 | 10,359,600 | 10,371,200 | 10,018,200 | 10,549,100 | 10,754,000 | 10,393,600 | 10,441,600 | 10,749,100 | 11,893,500 | 12,614,300 | 9,427,720 | 9,288,580 | 9,736,280 | 9,161,710 | 8,480,210 | 6,371,760 | 5,591,250 |
| ROA | -5.66% | -0.13% | -1.57% | -1.03% | 2.56% | -0.75% | 2.39% | -4.97% | -11.48% | -11.12% | -9.67% | 0.21% | 4.63% | 11.39% | 12.92% | 9.41% | 2.94% | 2.07% | 0.11% | 2.10% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $-539,897K ÷ $9,547,160K
= -5.66%
The return on assets (ROA) is a key financial ratio that measures a company's efficiency in generating profits from its assets. Looking at the data provided for IAC Inc., we can see fluctuations in the ROA over the quarters.
From March 31, 2020, to June 30, 2021, there was a positive trend in ROA, with values increasing from 2.10% to 12.92%. This indicates that the company was effectively utilizing its assets to generate profits during this period, potentially through improved operational efficiency or strategic investments.
However, starting from September 30, 2021, there was a significant decline in ROA, dropping to 4.63% by December 31, 2021. This could suggest challenges in maintaining the previous level of profitability relative to the company's asset base.
From March 31, 2022, onwards, the ROA turned negative, indicating that the company's assets were not generating sufficient profits to cover costs or investments. The negative values persisted until September 30, 2023, with fluctuations between negative percentages.
Overall, the trend in ROA for IAC Inc. shows periods of both strong profitability and challenges in effectively utilizing assets to generate returns. Further analysis would be needed to understand the factors driving these fluctuations and to evaluate the company's overall financial performance.
Peer comparison
Dec 31, 2024