Match Group Inc (MTCH)
Return on assets (ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 651,539 | 506,456 | 471,425 | 302,222 | 361,946 | 340,564 | 343,078 | 515,831 | 509,548 | 799,116 | 800,487 | 726,033 | 340,743 | 112,254 | 108,217 | 155,243 | 454,978 | 548,183 | 565,413 | 670,299 |
| Total assets | US$ in thousands | 4,507,890 | 4,248,900 | 4,339,030 | 4,203,910 | 4,182,760 | 3,914,550 | 4,193,780 | 5,043,390 | 5,063,290 | 4,893,630 | 4,433,930 | 3,214,670 | 3,046,450 | 2,670,090 | 2,334,730 | 8,434,750 | 8,364,800 | 8,304,790 | 8,299,100 | 7,159,900 |
| ROA | 14.45% | 11.92% | 10.86% | 7.19% | 8.65% | 8.70% | 8.18% | 10.23% | 10.06% | 16.33% | 18.05% | 22.58% | 11.18% | 4.20% | 4.64% | 1.84% | 5.44% | 6.60% | 6.81% | 9.36% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $651,539K ÷ $4,507,890K
= 14.45%
Match Group Inc.'s return on assets (ROA) has shown an improving trend over the past eight quarters. The ROA has increased gradually from 5.63% in Q1 2022 to 14.45% in Q4 2023, indicating a positive performance in terms of generating profit relative to its assets. This suggests that the company has become more efficient in utilizing its assets to generate earnings for its shareholders. It is important to note that the ROA fluctuated during this period, with some quarters showing significant improvements compared to others. Overall, the increasing trend in ROA reflects positively on Match Group Inc.'s asset utilization efficiency and profitability.
Peer comparison
Dec 31, 2023