TechTarget, Inc. Common Stock (TTGT)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -116,863 | 4 | 41,609 | 949 | 17,068 |
| Total assets | US$ in thousands | 2,266,490 | 699,888 | 764,717 | 789,000 | 456,568 |
| ROA | -5.16% | 0.00% | 5.44% | 0.12% | 3.74% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $-116,863K ÷ $2,266,490K
= -5.16%
The return on assets (ROA) of TechTarget, Inc. Common Stock has fluctuated over the past few years.
In December 31, 2020, the ROA was 3.74%, indicating that the company generated $3.74 in net income for every $100 of assets it possessed.
However, in December 31, 2021, the ROA dropped significantly to 0.12%, suggesting a decline in the company's ability to generate profits from its assets efficiently.
In December 31, 2022, there was a notable improvement in the ROA to 5.44%, demonstrating the company's enhanced performance in utilizing its assets to generate income.
By December 31, 2023, the ROA decreased to 0.00%, indicating that the company did not generate any profits from its assets that year.
The data for December 31, 2024, is not available (indicated by "—"), which prevents us from conducting a thorough analysis of the company's ROA for that year.
In conclusion, TechTarget, Inc. Common Stock has experienced fluctuations in its return on assets in the given period, which may have been influenced by various internal and external factors impacting the company's operations and asset utilization efficiency.
Peer comparison
Dec 31, 2024