Thryv Holdings Inc (THRY)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 196,920 | 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 |
| ROE | -43.15% | -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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-84,966K ÷ $196,920K
= -43.15%
Thryv Holdings Inc's return on equity (ROE) experienced a significant fluctuation over the period from March 31, 2020, to December 31, 2024. The ROE started at a high of 169.71% in March 2020, indicating efficient utilization of equity to generate profits. However, the ROE gradually decreased over the quarters, reaching as low as -370.66% in September 2024 and then slightly improving to -43.15% by December 2024.
The positive ROE figures in the initial periods suggest that the company was generating favorable returns for its shareholders. However, the sharp decline in ROE, especially in the latter part of the period, indicates a deteriorating financial performance and a potential strain on the profitability and value creation for shareholders.
It is essential for Thryv Holdings Inc to analyze the factors contributing to the decline in ROE, address any inefficiencies in its operations, and implement strategic measures to improve profitability and shareholder returns in the future. A negative ROE signifies that the company is incurring losses, which may be a cause for concern and requires thorough financial restructuring and performance improvement initiatives.