Thryv Holdings Inc (THRY)
Return on equity (ROE)
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -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 | 35,504 |
| Total stockholders’ equity | US$ in thousands | 94,532 | 183,060 | 167,066 | 152,700 | 397,096 | 404,326 | 395,053 | 382,267 | 421,926 | 411,614 | 356,441 | 314,715 | 304,445 | 269,703 | 229,196 | 196,775 | 36,855 | 36,500 | 33,892 | 27,260 |
| ROE | -370.66% | -147.83% | -155.74% | -169.81% | -13.15% | -2.94% | 7.63% | 14.22% | 26.04% | 32.12% | 27.66% | 32.28% | 67.76% | 63.23% | 68.77% | 75.83% | 62.76% | 122.38% | 169.71% | 130.24% |
September 30, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-350,390K ÷ $94,532K
= -370.66%
Thryv Holdings Inc's return on equity (ROE) has exhibited significant fluctuations over the past few quarters. The ROE was negative in the recent quarters, indicating that the company's net income was insufficient to cover shareholder equity. This may be concerning to investors as it suggests operational inefficiencies or financial challenges.
The ROE was particularly low in the quarter ending September 2024 at -370.66%, indicating a substantial loss compared to shareholder equity. This negative trend in ROE continued from the previous quarters, which could raise concerns about the company's profitability and sustainable growth prospects.
Conversely, Thryv Holdings Inc's ROE showed strong positive performance in the past, with high percentages in quarters ending December 2021 to March 2022. This reflected the company's ability to generate profits relative to the shareholder equity invested in the business during that period.
Overall, the fluctuating nature of Thryv Holdings Inc's ROE suggests it may be experiencing challenges in profitability and operational efficiency. Investors and stakeholders may want to closely monitor the company's financial performance and management strategies to assess its future outlook and potential for improvement in ROE.