Shutterstock (SSTK)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 68,708 | 68,400 | 93,624 | 108,106 | 85,266 |
| Total assets | US$ in thousands | 1,309,160 | 1,036,020 | 881,184 | 851,710 | 729,644 |
| Operating ROA | 5.25% | 6.60% | 10.62% | 12.69% | 11.69% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $68,708K ÷ $1,309,160K
= 5.25%
The operating return on assets (Operating ROA) of Shutterstock has shown a fluctuating trend over the past five years. In December 31, 2020, the Operating ROA stood at 11.69%, which improved to 12.69% by December 31, 2021. However, there was a decline in the Operating ROA to 10.62% by December 31, 2022. The trend continued downwards with Operating ROA dropping to 6.60% by December 31, 2023, and further declining to 5.25% by December 31, 2024.
This trend indicates that the company's ability to generate operating profits from its assets has been inconsistent and has experienced a downward trend in recent years. It is essential for Shutterstock to assess the factors contributing to this decline and take necessary steps to improve its Operating ROA to enhance overall profitability and efficiency in asset utilization.
Peer comparison
Dec 31, 2024