Yelp Inc (YELP)
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 | 132,850 | 118,036 | 137,812 | 114,505 | 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 |
| Total assets | US$ in thousands | 983,567 | 980,208 | 964,978 | 993,477 | 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 |
| ROA | 13.51% | 12.04% | 14.28% | 11.53% | 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $132,850K ÷ $983,567K
= 13.51%
Yelp Inc's return on assets (ROA) has shown fluctuations over the past few years. The ROA was negative in the second and third quarters of 2020, indicating that the company was not effectively utilizing its assets to generate profits during that period. However, starting from the first quarter of 2021, the ROA turned positive and has been increasing steadily since then. This suggests that Yelp Inc has been improving its efficiency in generating earnings from its assets.
The ROA reached its peak at 14.28% in the second quarter of 2024, indicating a significant improvement in asset utilization and profitability. This positive trend in ROA indicates that Yelp Inc has been able to generate more earnings relative to its assets, which is a positive sign for investors as it demonstrates the company's ability to generate profits efficiently. Overall, the increasing ROA trend reflects a positive outlook for Yelp Inc's financial performance and asset efficiency.
Peer comparison
Dec 31, 2024