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.
Peer comparison
Dec 31, 2024