Thryv Holdings Inc (THRY)
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 | -200,017 | -200,017 | 261,604 | 190,013 | 152,013 |
| Total assets | US$ in thousands | 783,170 | 783,170 | 1,177,880 | 1,300,500 | 1,214,980 |
| Operating ROA | -25.54% | -25.54% | 22.21% | 14.61% | 12.51% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $-200,017K ÷ $783,170K
= -25.54%
The operating return on assets (operating ROA) for Thryv Holdings Inc has exhibited fluctuations over the past five years. In 2020, the company had an operating ROA of 12.51%, which increased to 14.61% in 2021, indicating improved efficiency in generating operating profits relative to its assets.
However, in the subsequent years, there was a significant decline in the operating ROA. In 2022, the operating ROA jumped to 22.21%, showcasing a remarkable performance in utilizing assets to generate operating income.
Nevertheless, the trend reversed in the following years, with the operating ROA plummeting to -25.54% for both 2023 and 2024. This negative operating ROA indicates that the company's operating income was insufficient to cover the operating costs and generate a profit using its assets.
The notable fluctuations in the operating ROA highlight the company's varying operational efficiency and profitability over the years. Further analysis and investigation into the factors contributing to these fluctuations would be necessary to understand the underlying causes and implications for Thryv Holdings Inc.