Yelp Inc (YELP)
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 | 99,173 | 91,912 | 42,804 | 36,084 | 36,347 | 39,392 | 48,349 | 44,552 | 39,671 | 37,570 | 18,485 | -9,717 | -19,424 | -23,361 | -12,280 | 24,013 | 40,881 | 55,675 | 60,600 | 59,001 |
| Total assets | US$ in thousands | 1,014,720 | 1,027,320 | 1,033,290 | 1,021,680 | 1,015,920 | 1,030,330 | 1,023,170 | 1,044,910 | 1,050,530 | 1,079,070 | 1,105,240 | 1,135,380 | 1,154,950 | 1,138,950 | 1,073,480 | 1,085,220 | 1,070,700 | 1,028,770 | 1,083,430 | 1,337,860 |
| ROA | 9.77% | 8.95% | 4.14% | 3.53% | 3.58% | 3.82% | 4.73% | 4.26% | 3.78% | 3.48% | 1.67% | -0.86% | -1.68% | -2.05% | -1.14% | 2.21% | 3.82% | 5.41% | 5.59% | 4.41% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $99,173K ÷ $1,014,720K
= 9.77%
Based on the data provided, Yelp Inc's return on assets (ROA) has shown fluctuations over the past eight quarters. ROA measures the company's ability to generate profit relative to its total assets.
In Q4 2023, Yelp Inc's ROA stood at 9.77%, representing a significant increase compared to the previous quarter where it was 8.95%. This indicates that in the latest quarter, the company was able to generate higher profits relative to its total assets, showcasing improved asset utilization or profitability.
Looking back further, Yelp Inc's ROA in Q2 and Q1 2023 was 4.14% and 3.53% respectively. These figures suggest a moderate level of profitability relative to the company's assets during that time.
Comparing the latest quarter to the same quarter in the previous year, there has been a notable improvement in ROA. In Q4 2022, ROA was at 3.58%, demonstrating a substantial increase to 9.77% in Q4 2023.
Analyzing the trend over the past eight quarters, there have been fluctuations in Yelp Inc's ROA. While the company experienced some variability in its profitability performance, the latest quarter's ROA indicates a strong performance in terms of utilizing its assets to generate returns.
Overall, based on the data provided, Yelp Inc's return on assets has shown improvement in the latest quarter, reflecting positively on the company's ability to generate profits relative to its asset base. However, it is essential to continue monitoring ROA trends over time to assess the company's ongoing financial performance.
Peer comparison
Dec 31, 2023