Pursuit Attractions and Hospitality, Inc. (PRSU)
Return on assets (ROA)
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 362,525 | 368,544 | 37,463 | 30,119 | 11,769 | 16,017 | 23,600 | 20,450 | 29,328 | 21,196 | 6,415 | -16,639 | -78,504 | -92,655 | -120,584 | -166,409 | -330,661 | -374,094 | -329,049 | -266,875 |
| Total assets | US$ in thousands | 832,564 | 845,008 | 1,195,830 | 1,223,400 | 1,180,300 | 1,137,320 | 1,200,540 | 1,152,770 | 1,104,280 | 1,090,350 | 1,144,630 | 1,141,160 | 1,059,550 | 1,037,630 | 1,057,560 | 944,476 | 904,655 | 853,224 | 869,092 | 998,464 |
| ROA | 43.54% | 43.61% | 3.13% | 2.46% | 1.00% | 1.41% | 1.97% | 1.77% | 2.66% | 1.94% | 0.56% | -1.46% | -7.41% | -8.93% | -11.40% | -17.62% | -36.55% | -43.84% | -37.86% | -26.73% |
March 31, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $362,525K ÷ $832,564K
= 43.54%
The analysis of Pursuit Attractions and Hospitality, Inc.'s return on assets (ROA) over the analyzed period reveals significant fluctuations from mid-2020 through early 2025. Initially, the company recorded markedly negative ROA figures, with values of –26.73% as of June 30, 2020, and deepening losses reaching –43.84% by December 31, 2020. These negative returns indicate substantial inefficiencies or losses in asset utilization during that period, likely attributable to operational challenges or industry-wide impacts, such as the COVID-19 pandemic affecting the hospitality sector.
Throughout 2021, the company exhibited a progressive improvement in ROA, moving from declining negative levels to less severe losses, culminating in a relatively improved figure of –8.93% by December 31, 2021. This trend suggests gradual operational recovery and a reduction in asset-related losses. Moving into 2022, the ROA continued a positive trajectory, crossing into slight positive territory at 0.56% on September 30, 2022, and reaching 1.94% by year-end, indicating a shift towards profitability and more efficient utilization of assets.
The positive trend persisted in 2023, with ROA advancing further to 2.66% as of March 31. However, it declined slightly to 1.77% in June but rebounded to 1.97% by September 30, implying some volatility but general stabilization in the company's asset efficiency. By the close of 2023, ROA settled at 1.41%.
The first quarter of 2024 saw a slight decrease to 1.00%, but the subsequent quarters demonstrated an improving trend, with ROA rising to 2.46% at June 30, 2024, and 3.13% by September 30. This upward movement indicates enhanced asset performance and possibly improved profitability margins.
Remarkably, at the end of 2024, ROA experienced a significant leap to 43.61%, with the figure remaining high at 43.54% in the first quarter of 2025. This dramatic increase suggests a substantial improvement in profitability, likely due to operational efficiencies, strategic adjustments, or favorable market conditions.
In summary, the company's ROA trajectory indicates a severe period of losses in 2020 which gradually transitioned into consistent profitability from 2022 onward. The substantial spike at the end of 2024 and early 2025 reflects a marked enhancement in asset utilization efficiency and overall financial performance.
Peer comparison
Mar 31, 2025