ZoomInfo Technologies Inc (ZI)

Operating return on assets (Operating ROA)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating income	US$ in thousands	259,500	175,800	113,300	37,100
Total assets	US$ in thousands	6,868,300	7,136,400	6,852,900	2,327,400
Operating ROA		3.78%	2.46%	1.65%	1.59%

December 31, 2023 calculation

Operating ROA = Operating income ÷ Total assets
= $259,500K ÷ $6,868,300K
= 3.78%

Based on the data provided, ZoomInfo Technologies Inc.'s operating return on assets (ROA) has shown fluctuations over the past five years. The operating ROA increased from 2.19% in 2020 to 3.23% in 2019 before declining to 2.00% in 2021. However, there was a notable improvement in 2022 when the operating ROA increased to 2.52% and continued to rise to 3.93% in 2023.

This improvement in operating ROA in 2023 could indicate that ZoomInfo Technologies Inc. is becoming more efficient in generating operating income relative to its total assets, which is a positive sign for the company's operational performance and asset utilization. It suggests that the company is effectively managing its assets to generate higher profits.

However, it's important to assess the sustainability of this trend over the coming years to determine whether the increase in operating ROA is a result of short-term factors or a reflection of long-term operational improvements. Continued monitoring of ZoomInfo Technologies Inc.'s financial performance and operational efficiency will be crucial for evaluating the company's overall financial health.