Match Group Inc (MTCH)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,479,370 | 3,364,500 | 3,188,840 | 2,983,280 | 2,391,270 |
| Total assets | US$ in thousands | 4,465,770 | 4,507,890 | 4,182,760 | 5,063,290 | 3,046,450 |
| Total asset turnover | 0.78 | 0.75 | 0.76 | 0.59 | 0.78 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $3,479,370K ÷ $4,465,770K
= 0.78
Match Group Inc's total asset turnover has fluctuated over the past five years, ranging from 0.59 to 0.78. In 2020, the total asset turnover was 0.78, indicating that the company generated $0.78 in revenue for every dollar of assets it owned. However, in 2021, there was a decrease in total asset turnover to 0.59, suggesting that the company's efficiency in generating revenue from its assets decreased significantly.
Subsequently, there was a slight improvement in 2022, with the total asset turnover increasing to 0.76. However, in the following years, it remained relatively stable at 0.75 in 2023 and 0.78 in 2024. This stability suggests that Match Group Inc has been able to maintain a consistent level of revenue generation in relation to its asset base.
Overall, while there have been fluctuations in Match Group Inc's total asset turnover, the company has managed to sustain a reasonable level of efficiency in utilizing its assets to generate revenue over the past five years. This indicates that Match Group Inc has been able to effectively manage its asset base to support its revenue generation activities.
Peer comparison
Dec 31, 2024