TripAdvisor Inc (TRIP)

Return on assets (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
Net income (ttm)	US$ in thousands	10,000	-24,000	-26,000	-19,000	20,000	-7,000	-31,000	-102,000	-148,000	-191,000	-240,000	-353,000	-289,000	-202,000	-104,000	83,000	125,000	117,000	136,000	134,000
Total assets	US$ in thousands	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	1,984,000	2,468,000	2,566,000	2,395,000
ROA		0.39%	-0.91%	-0.95%	-0.71%	0.78%	-0.27%	-1.19%	-4.30%	-6.47%	-8.26%	-10.05%	-15.82%	-14.68%	-10.12%	-4.62%	3.42%	6.30%	4.74%	5.30%	5.59%

December 31, 2023 calculation

ROA = Net income (ttm) ÷ Total assets
= $10,000K ÷ $2,537,000K
= 0.39%

TripAdvisor Inc.'s Return on Assets (ROA) has displayed significant fluctuations over the past eight quarters. In Q4 2023, the ROA stood at 0.39%, indicating profitability on its assets. However, the company faced challenges in the previous quarters, with negative ROA figures of -0.91% in Q3 2023, -0.95% in Q2 2023, and -0.71% in Q1 2023.

Looking back at Q4 2022, TripAdvisor Inc. showed a relatively strong ROA of 0.78%. Prior to that, there were negative ROA values of -0.27% in Q3 2022, -1.19% in Q2 2022, and a significant decline to -4.30% in Q1 2022.

The fluctuating ROA figures suggest inconsistencies in the company's ability to generate profits from its assets efficiently. Management may need to focus on improving operational efficiency, cost management, and revenue generation strategies to enhance the company's overall profitability and return on assets in the future.