Thryv Holdings Inc (THRY)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 63.06% | 64.90% | 63.35% | 66.95% | 66.49% |
| Operating profit margin | -21.81% | 21.76% | 17.07% | 13.70% | 10.76% |
| Pretax margin | -28.41% | 8.23% | 12.06% | 3.72% | 3.77% |
| Net profit margin | -28.28% | 4.52% | 9.12% | 13.45% | 2.50% |
Thryv Holdings Inc's profitability ratios show varying trends over the past four years. The gross profit margin has exhibited fluctuation, with a slight decrease from 64.90% in 2022 to 63.06% in 2023. This indicates that the company's ability to generate profits from its core business operations may have declined slightly in the most recent year.
The operating profit margin also witnessed a significant decline, dropping from 16.76% in 2022 to 7.51% in 2023. This suggests that the company's operational efficiency and cost management may have weakened, leading to lower profitability on its day-to-day activities.
The pretax margin reflects a substantial negative performance in 2023, standing at -28.41%. This indicates that the company incurred significant losses before accounting for taxes, which may signal deeper financial challenges or exceptional one-time expenses impacting profitability negatively.
Similarly, the net profit margin also experienced a considerable drop from 4.52% in 2022 to -28.28% in 2023. This indicates a sharp decline in the company's bottom-line profitability after all expenses, including taxes, have been accounted for, possibly due to higher costs or lower revenues.
Overall, Thryv Holdings Inc's profitability ratios show a concerning trend in 2023, with significant decreases in operating profit margin, pretax margin, and net profit margin, raising questions about its financial performance and operational efficiency in the most recent year. Further analysis and investigation may be required to identify the root causes of the declining profitability and develop strategies for improvement.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -25.54% | 22.21% | 14.61% | 12.51% | 11.01% |
| Return on assets (ROA) | -33.11% | 4.61% | 7.81% | 12.28% | 2.56% |
| Return on total capital | 45.86% | 68.43% | 60.38% | 77.25% | 560.87% |
| Return on equity (ROE) | -169.81% | 14.22% | 32.28% | 75.83% | 130.24% |
Thryv Holdings Inc's profitability ratios exhibit significant fluctuations over the past four years.
The operating return on assets (Operating ROA) decreased from 17.11% in 2022 to 8.79% in 2023, indicating a decline in the company's ability to generate operating profits from its assets. However, the Operating ROA remained positive throughout the period.
Return on assets (ROA) experienced a drastic decrease from 12.28% in 2020 to -33.11% in 2023. This suggests that the company's net income relative to its total assets turned negative in 2023, raising concerns about its profitability and asset utilization efficiency.
Return on total capital decreased from 24.40% in 2020 to 13.72% in 2023, indicating a declining trend in the company's ability to generate profits from its total capital employed.
Return on equity (ROE) experienced significant volatility, ranging from -169.81% in 2023 to 75.83% in 2020. The negative ROE in 2023 implies that the company incurred a net loss relative to its shareholders' equity, reflecting a significant decline in profitability and shareholder value.
Overall, Thryv Holdings Inc's profitability ratios suggest a mixed performance, with varying levels of profitability and efficiency in utilizing assets and capital over the past four years. Further analysis and investigation into the company's financial performance and strategic initiatives may be necessary to understand the underlying factors driving these fluctuations.