Thryv Holdings Inc (THRY)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -84,966 | -350,390 | -270,615 | -260,185 | -259,295 | -52,199 | -11,873 | 30,151 | 54,348 | 109,881 | 132,225 | 98,582 | 101,577 | 206,289 | 170,520 | 157,625 | 149,221 | 23,129 | 44,667 | 57,519 |
| 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 |
| ROA | -11.93% | -53.51% | -34.45% | -33.07% | -33.11% | -5.02% | -1.08% | 2.57% | 4.61% | 8.52% | 10.01% | 7.20% | 7.81% | 14.98% | 12.08% | 10.21% | 12.28% | 1.91% | 3.43% | 4.25% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $-84,966K ÷ $712,165K
= -11.93%
Thryv Holdings Inc's return on assets (ROA) experienced fluctuations over the period from March 31, 2020, to December 31, 2024. The ROA started at a relatively healthy level of 4.25% in March 2020 before declining to 3.43% by June 2020 and further dropping to 1.91% by September 2020.
The company then experienced a sharp increase in ROA, reaching its highest point of 14.98% in September 2021. However, the ROA showed variability in the subsequent periods, declining to 4.61% by December 2022, and further dropping into negative territory from March 2023 onwards.
Thryv Holdings Inc's ROA continued to deteriorate significantly, hitting its lowest point of -53.51% in September 2024, before slightly improving to -11.93% by December 2024. These negative ROA figures indicate that the company's assets are generating losses rather than profits during those periods, raising concerns about the effectiveness of asset utilization and operational efficiency.
Overall, the trend in Thryv Holdings Inc's ROA demonstrates a mix of both positive and negative performance, highlighting the importance of monitoring and addressing factors impacting asset returns to ensure sustainable profitability and value creation for the company.