Paramount Global Class B (PARA)

Return on assets (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
Net income (ttm) US$ in thousands -6,026,000 -5,725,000 -5,595,000 -481,000 -1,009,000 -1,095,000 -1,159,000 -441,000 1,074,000 3,141,000 3,448,000 4,065,000 4,543,000 3,295,000 3,372,000 2,817,000 2,422,000 2,578,000 2,282,000 2,241,000
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
ROA -13.05% -12.38% -12.19% -0.92% -1.88% -2.00% -2.09% -0.78% 1.84% 5.48% 6.05% 7.00% 7.75% 5.89% 6.11% 5.14% 4.60% 5.01% 4.46% 4.57%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $-6,026,000K ÷ $46,172,000K
= -13.05%

Paramount Global Class B's return on assets (ROA) has fluctuated over the given time period, starting at 4.57% in March 2020 and reaching its peak at 7.75% in December 2021. This indicates that the company was generating a higher return on its assets during this period.

However, the ROA started declining from March 2022 onwards, dropping to 1.84% in December 2022, and then significantly decreasing to negative figures in the following quarters. This negative trend suggests that Paramount Global Class B's assets are not generating sufficient profits, potentially indicating operational inefficiencies or financial challenges.

The sharp decline in ROA to -13.05% by December 2024 highlights a significant reversal in the company's asset utilization and profitability performance. It may be crucial for Paramount Global Class B to reassess its asset management strategies and operational efficiency to improve ROA and regain profitability.


Peer comparison

Dec 31, 2024


See also:

Paramount Global Class B Return on Assets (ROA) (Quarterly Data)