ZoomInfo Technologies Inc (ZI)
Return on assets (ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 29,100 | 107,300 | 63,200 | 116,800 | -4,000 |
Total assets | US$ in thousands | 6,467,600 | 6,868,300 | 7,136,400 | 6,852,900 | 2,327,400 |
ROA | 0.45% | 1.56% | 0.89% | 1.70% | -0.17% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $29,100K ÷ $6,467,600K
= 0.45%
Based on the provided data, the return on assets (ROA) of ZoomInfo Technologies Inc has shown some fluctuation over the past five years. In December 31, 2020, the ROA was negative at -0.17%, indicating that the company's assets were not generating a positive return during that period.
However, there was a significant improvement in the ROA by December 31, 2021, reaching 1.70%, which suggests that ZoomInfo was able to generate a higher return from its assets compared to the previous year. The ROA then decreased slightly by December 31, 2022, to 0.89%, before experiencing another increase to 1.56% by December 31, 2023.
By the end of December 31, 2024, the ROA had decreased to 0.45%, indicating that the company's asset efficiency had slightly declined compared to the previous year. Overall, ZoomInfo's ROA has shown variability over the years, with some improvement in asset utilization and returns, although there were also periods of decline in asset efficiency.
Peer comparison
Dec 31, 2024