Ziff Davis Inc (ZD)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 63,047 | 41,503 | 63,757 | 496,714 | 150,668 |
| Total assets | US$ in thousands | 3,704,330 | 3,471,020 | 3,533,270 | 3,770,280 | 3,665,330 |
| ROA | 1.70% | 1.20% | 1.80% | 13.17% | 4.11% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $63,047K ÷ $3,704,330K
= 1.70%
Ziff Davis Inc's return on assets (ROA) has varied over the past five years. In December 2020, the ROA was 4.11%, indicating that the company generated $0.0411 in net income for every dollar of assets. This increased significantly to 13.17% by the end of December 2021, reflecting a considerable improvement in the company's profitability and efficiency in asset utilization.
However, there was a notable decline in ROA in the subsequent years. By December 2022, the ROA dropped to 1.80%, suggesting a lower return on the company's assets compared to the previous year. This trend continued in December 2023, with the ROA further decreasing to 1.20%. The decline in ROA may indicate challenges in generating profits from the company's assets and operational activities during these periods.
In December 2024, the ROA experienced a slight uptick to 1.70%, but it remained below the levels seen in 2021. Overall, the fluctuation in Ziff Davis Inc's ROA over the five-year period suggests varying levels of efficiency and profitability in utilizing its assets to generate earnings. Further analysis of the company's financial performance and operational strategies may be required to understand the factors contributing to these changes in ROA.