Thryv Holdings Inc (THRY)
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 | -20,481 | -255,410 | -186,219 | -194,403 | -200,017 | 94,114 | 144,570 | 197,160 | 218,082 | 171,336 | 206,055 | 177,093 | 190,013 | 202,165 | 157,757 | 154,998 | 152,013 | 158,712 | 209,424 | 216,897 |
| Total assets | US$ in thousands | 712,165 | 654,753 | 785,483 | 786,835 | 783,170 | 1,040,380 | 1,101,230 | 1,172,270 | 1,177,880 | 1,289,880 | 1,320,330 | 1,369,720 | 1,300,500 | 1,377,490 | 1,412,140 | 1,544,480 | 1,214,980 | 1,214,050 | 1,300,720 | 1,353,800 |
| Operating ROA | -2.88% | -39.01% | -23.71% | -24.71% | -25.54% | 9.05% | 13.13% | 16.82% | 18.51% | 13.28% | 15.61% | 12.93% | 14.61% | 14.68% | 11.17% | 10.04% | 12.51% | 13.07% | 16.10% | 16.02% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-20,481K ÷ $712,165K
= -2.88%
Thryv Holdings Inc's operating return on assets (operating ROA) has shown fluctuations over the past several quarters. The company's operating ROA ranged between 10.04% to 18.51% from March 31, 2021, to December 31, 2022. During this period, the operating ROA remained relatively stable above 10%, indicating efficient use of its assets to generate operating income.
However, from March 31, 2023, to December 31, 2024, there was a noticeable decline in the operating ROA, with figures dropping into negative territory. The most significant decline was observed in the fourth quarter of 2024, with the operating ROA plummeting to -39.01%. This suggests a deterioration in the company's ability to generate operating income relative to its asset base during this period.
Overall, Thryv Holdings Inc's operating ROA performance indicates a mix of strong performance followed by a significant decline. It is essential for the company to address the factors contributing to the negative trend to improve its operational efficiency and profitability in the future.