Match Group Inc (MTCH)
Return on assets (ROA)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 651,539 | 361,946 | 277,723 | 128,561 | 431,131 |
| Total assets | US$ in thousands | 4,507,890 | 4,182,760 | 5,063,290 | 3,046,450 | 8,364,800 |
| ROA | 14.45% | 8.65% | 5.49% | 4.22% | 5.15% |
December 31, 2023 calculation
ROA = Net income ÷ Total assets
= $651,539K ÷ $4,507,890K
= 14.45%
Match Group Inc.'s return on assets (ROA) has shown a positive trend over the past five years, indicating improved efficiency in generating profits from its assets. The ROA has increased from 5.17% in 2019 to 14.45% in 2023, reflecting a significant improvement in asset utilization and profitability. This suggests that the company has been able to generate higher earnings relative to its total assets, which is a positive sign for investors and indicates a more effective management of the company's resources. The consistent upward trend in ROA demonstrates an overall improvement in the company's operational performance and financial health over the years.
Peer comparison
Dec 31, 2023