Shutterstock (SSTK)

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	68,708	57,685	56,728	44,777	68,400	73,923	85,416	102,075	93,624	100,571	94,055	101,906	108,106	121,105	128,283	117,603	85,266	63,476	37,312	17,837
Total assets	US$ in thousands	1,309,160	1,348,840	1,003,870	1,028,500	1,036,020	1,015,920	1,004,260	842,523	881,184	840,180	848,568	795,978	851,710	841,177	795,852	755,144	729,644	688,282	626,331	614,965
Operating ROA		5.25%	4.28%	5.65%	4.35%	6.60%	7.28%	8.51%	12.12%	10.62%	11.97%	11.08%	12.80%	12.69%	14.40%	16.12%	15.57%	11.69%	9.22%	5.96%	2.90%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $68,708K ÷ $1,309,160K
= 5.25%

Operating return on assets (Operating ROA) is a key financial ratio that measures a company's operating profitability relative to its total assets. Looking at the data provided for Shutterstock's Operating ROA over a period spanning March 31, 2020, to December 31, 2024, we observe fluctuations in the ratio.

The Operating ROA for Shutterstock showed a generally increasing trend from March 2020 to June 2021, reaching its peak at 16.12%. This indicates that the company was generating higher operating profits relative to its assets during this period. However, after June 2021, there was a gradual decline in the Operating ROA, suggesting a reduction in operating efficiency and profitability.

The ratio fluctuates between 4.28% to 16.12% over the period, indicating some volatility in operating performance. A decrease in the Operating ROA could be attributed to various factors such as increased operating expenses, lower revenues, or inefficient asset utilization.

It is important for Shutterstock to closely monitor its Operating ROA to ensure efficient use of assets and sustained profitability. Analyzing the factors impacting the ratio can help identify areas for improvement and strategic decision-making to enhance overall operational performance.