Thryv Holdings Inc (THRY)
Operating return on assets (Operating ROA)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -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 | 202,367 | 232,102 | 206,432 | 183,856 |
| Total assets | US$ in thousands | 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 | — | 1,353,800 | 1,388,290 | 1,237,050 | 1,307,300 | 1,688,670 |
| Operating ROA | -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% | — | 16.02% | 14.58% | 18.76% | 15.79% | 10.89% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-200,017K ÷ $783,170K
= -25.54%
Thryv Holdings Inc's operating return on assets (operating ROA) has been fluctuating over the past eight quarters. The trend shows a general decline from Q4 2022 to Q3 2023, where the operating ROA decreased from 17.11% to 7.44%. However, there was a significant increase in Q2 2023, reaching 11.61%, before peaking in Q1 2023 at 15.41%.
This indicates that the company's operating efficiency in generating profits from its assets has varied over the quarters. It is important to further investigate the reasons behind these fluctuations to identify any underlying causes or trends affecting the company's performance. Additional analysis of the company's operating expenses, asset management, revenue generation, and other key performance indicators would provide a more comprehensive understanding of Thryv Holdings Inc's operating ROA dynamics.