Paramount Global Class B (PARA)
Operating return on assets (Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 815,000 | 1,098,000 | 1,382,000 | 366,000 | -480,000 | -385,000 | -481,000 | 588,000 | 2,626,000 | 4,783,000 | 5,137,000 | 5,544,000 | 6,297,000 | 4,610,000 | 4,690,000 | 4,750,000 | 4,145,000 | 5,017,000 | 4,559,000 | 3,968,000 |
| Total assets | US$ in thousands | 46,172,000 | 46,250,000 | 45,890,000 | 52,027,000 | 53,543,000 | 54,640,000 | 55,361,000 | 56,561,000 | 58,393,000 | 57,287,000 | 56,961,000 | 58,043,000 | 58,620,000 | 55,912,000 | 55,204,000 | 54,773,000 | 52,663,000 | 51,425,000 | 51,188,000 | 49,045,000 |
| Operating ROA | 1.77% | 2.37% | 3.01% | 0.70% | -0.90% | -0.70% | -0.87% | 1.04% | 4.50% | 8.35% | 9.02% | 9.55% | 10.74% | 8.25% | 8.50% | 8.67% | 7.87% | 9.76% | 8.91% | 8.09% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $815,000K ÷ $46,172,000K
= 1.77%
Operating Return on Assets (Operating ROA) is a key financial ratio that measures a company's ability to generate profit from its operating activities relative to its total assets. Looking at the data provided for Paramount Global's Class B operating ROA over multiple quarters, we observe fluctuations in the ratio:
1. The operating ROA for Paramount Global Class B has ranged from a low of -0.87% in June 2023 to a high of 10.74% in December 2021.
2. The ratio showed a general upward trend from March 2020 to December 2021, indicating improved efficiency in generating operating income relative to assets during this period.
3. However, starting from March 2022, the operating ROA experienced a notable decline, dropping to as low as 0.70% in March 2024. This decline suggests a potential decrease in profitability or operational efficiency.
4. The negative operating ROA figures for some quarters (e.g., June 2023, September 2023, December 2023) indicate that, during those periods, the company's operating income did not cover the costs of assets used in its operations.
5. Overall, the fluctuating nature of Paramount Global Class B's operating ROA indicates varying levels of profitability and efficiency in utilizing assets over the quarters analyzed. It is important for investors and stakeholders to monitor these trends to assess the company's operational performance and financial health accurately.
Peer comparison
Dec 31, 2024