SolarWinds Corp (SWI)
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 | 111,903 | 38,657 | 22,915 | 12,071 | -9,109 | -18,944 | -307,991 | -930,375 | -929,413 | -942,647 | -659,407 | -48,907 | -51,408 | 104,950 | 126,431 | 150,900 | 158,475 | 38,985 | 30,876 | 15,912 |
| Total assets | US$ in thousands | 3,168,290 | 3,118,420 | 3,058,690 | 3,238,660 | 3,250,920 | 3,177,670 | 3,180,430 | 3,191,450 | 3,200,010 | 3,478,510 | 4,078,560 | 4,761,750 | 4,792,130 | 4,834,810 | 5,594,020 | 5,594,510 | 5,710,480 | 5,450,000 | 5,349,210 | 5,289,030 |
| ROA | 3.53% | 1.24% | 0.75% | 0.37% | -0.28% | -0.60% | -9.68% | -29.15% | -29.04% | -27.10% | -16.17% | -1.03% | -1.07% | 2.17% | 2.26% | 2.70% | 2.78% | 0.72% | 0.58% | 0.30% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $111,903K ÷ $3,168,290K
= 3.53%
The return on assets (ROA) of SolarWinds Corp has exhibited significant fluctuations over the past few years based on the provided data. The ROA ranged from a high of 3.53% in December 31, 2024, to a low of -29.15% in March 31, 2023.
From a positive perspective, the company's ROA showed improvement from negative figures in 2022 and early 2023 to positive territory in late 2023 and throughout 2024. This may indicate enhanced efficiency in generating profits relative to its asset base during this period.
However, it is important to note that the ROA experienced a sharp decline in the middle of 2022, reaching its lowest point at -29.04% in December 31, 2022. This decline could signal challenges faced by the company in effectively utilizing its assets to generate returns during that period.
Overall, the fluctuating ROA of SolarWinds Corp suggests varying levels of profitability in relation to its asset base over the analyzed period. Further analysis of the company's financial performance and operational factors would be necessary to fully understand the reasons behind these fluctuations and the implications for its overall financial health and strategic direction.
Peer comparison
Dec 31, 2024