TechTarget, Inc. Common Stock (TTGT)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -25,033 | -2 | 56,693 | 34,354 | 22,821 |
| Total assets | US$ in thousands | 2,266,490 | 699,888 | 764,717 | 789,000 | 456,568 |
| Operating ROA | -1.10% | -0.00% | 7.41% | 4.35% | 5.00% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $-25,033K ÷ $2,266,490K
= -1.10%
Operating ROA is a financial ratio that measures a company's operating income generated relative to its total assets. For TechTarget, Inc. Common Stock, the operating ROA has shown some fluctuations over the years:
1. In December 31, 2020, the operating ROA was 5.00%. This indicates that the company generated $0.05 in operating income for every dollar of assets.
2. By December 31, 2021, the operating ROA decreased to 4.35%. This suggests a slight decline in the company's efficiency in utilizing its assets to generate operating income.
3. The operating ROA significantly improved by December 31, 2022, reaching 7.41%. This indicates a notable increase in the company's ability to generate operating income from its asset base.
4. However, by December 31, 2023, the operating ROA dropped to -0.00%, reflecting that the company did not generate any operating income from its assets during that period. A negative ROA value may indicate operational challenges or financial difficulties.
5. The data for December 31, 2024, is not available, denoted by "—". It would be important to monitor future financial reports to assess the company's performance and the trend in operating ROA.
Overall, the trend in TechTarget, Inc. Common Stock's operating ROA shows fluctuations, with a notable improvement in 2022 but a concerning downturn in 2023. Analyzing the factors influencing these variations and comparing them to industry benchmarks can help in understanding the company's operational efficiency and financial performance.
Peer comparison
Dec 31, 2024