TripAdvisor Inc (TRIP)
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 | 59,000 | 90,000 | 24,000 | 24,000 | 10,000 | -25,000 | -27,000 | -20,000 | 19,000 | -7,000 | -31,000 | -102,000 | -148,000 | -192,000 | -241,000 | -354,000 | -290,000 | -201,000 | -103,000 | 84,000 |
| Total assets | US$ in thousands | 2,561,000 | 2,733,000 | 2,779,000 | 2,738,000 | 2,537,000 | 2,636,000 | 2,734,000 | 2,684,000 | 2,569,000 | 2,565,000 | 2,612,000 | 2,372,000 | 2,289,000 | 2,312,000 | 2,387,000 | 2,232,000 | 1,969,000 | 1,996,000 | 2,249,000 | 2,427,000 |
| ROA | 2.30% | 3.29% | 0.86% | 0.88% | 0.39% | -0.95% | -0.99% | -0.75% | 0.74% | -0.27% | -1.19% | -4.30% | -6.47% | -8.30% | -10.10% | -15.86% | -14.73% | -10.07% | -4.58% | 3.46% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $59,000K ÷ $2,561,000K
= 2.30%
The return on assets (ROA) of TripAdvisor Inc has shown a fluctuating trend over the past few years. From March 31, 2020, to March 31, 2024, the ROA varied from a low of -15.86% to a high of 3.29%.
During the first half of the period, the ROA was largely negative, indicating that the company was not generating sufficient profits relative to its assets. However, starting from December 31, 2022, there was a gradual improvement in ROA, with the metric turning positive and reaching a peak of 3.29% by September 30, 2024.
This positive trend in ROA suggests that TripAdvisor Inc has been able to enhance its profitability in relation to its assets during the latter part of the period under consideration. The company's ability to generate increasing returns on its assets indicates improved operational efficiency and effectiveness in utilizing its resources to drive profitability.
It will be important for stakeholders to monitor future ROA trends to assess the sustainability of TripAdvisor Inc's profitability and its ability to continue delivering value to shareholders.
Peer comparison
Dec 31, 2024