Shutterstock (SSTK)

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	35,932	36,355	47,159	93,547	110,269	118,321	112,942	82,374	76,103	85,943	78,932	88,941	91,883	100,876	107,429	96,962	71,766	50,240	32,592	16,904
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
ROA		2.74%	2.70%	4.70%	9.10%	10.64%	11.65%	11.25%	9.78%	8.64%	10.23%	9.30%	11.17%	10.79%	11.99%	13.50%	12.84%	9.84%	7.30%	5.20%	2.75%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $35,932K ÷ $1,309,160K
= 2.74%

Shutterstock's Return on Assets (ROA) has shown fluctuations over the past few years based on the provided data. The ROA started at 2.75% as of March 31, 2020, and gradually increased to a peak of 13.50% as of June 30, 2021. This indicates efficient utilization of assets to generate profits during this period.

Subsequently, there was a slight decrease in ROA to 8.64% as of December 31, 2022, followed by a recovery to 11.65% as of September 30, 2023. However, the ROA then dropped to 2.70% as of September 30, 2024, indicating a significant decline in profitability relative to the assets employed.

Overall, the ROA figures suggest that Shutterstock has experienced fluctuations in its ability to generate profits from its assets efficiently. It is essential for the company to closely monitor and optimize its asset management strategies to maintain or improve its profitability in the future.