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.