Match Group Inc (MTCH)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 551,276 | -1,712 | 361,946 | 277,723 | 587,679 |
| Total assets | US$ in thousands | 4,465,770 | 4,507,890 | 4,182,760 | 5,063,290 | 3,046,450 |
| ROA | 12.34% | -0.04% | 8.65% | 5.49% | 19.29% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $551,276K ÷ $4,465,770K
= 12.34%
Based on the data provided, the return on assets (ROA) for Match Group Inc has experienced fluctuations over the years.
In December 31, 2020, the ROA stood at a robust 19.29%, indicating that the company generated significant profits relative to its total assets in that year. However, there was a notable decline in performance by December 31, 2021, with the ROA dropping to 5.49%. This decline suggests that the company's profitability relative to its asset base decreased substantially during that period.
The following year, as of December 31, 2022, the ROA improved to 8.65%, signifying a partial recovery in profitability. However, by December 31, 2023, the ROA turned negative at -0.04%, implying that Match Group Inc experienced a loss compared to its asset base.
Fortunately, the company managed to reverse this negative trend by December 31, 2024, achieving a ROA of 12.34%. This improvement indicates that Match Group Inc was able to enhance its profitability relative to its total assets by the end of the period.
Overall, the fluctuations in ROA reflect the company's changing ability to generate profits from its asset base over the years, potentially influenced by factors such as efficiency, cost management, and overall business performance.
Peer comparison
Dec 31, 2024