ZoomInfo Technologies Inc (ZI)

Return on assets (ROA)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	107,300	63,200	116,800	-4,000
Total assets	US$ in thousands	6,868,300	7,136,400	6,852,900	2,327,400
ROA		1.56%	0.89%	1.70%	-0.17%

December 31, 2023 calculation

ROA = Net income ÷ Total assets
= $107,300K ÷ $6,868,300K
= 1.56%

ZoomInfo Technologies Inc.'s return on assets (ROA) has shown a mixed performance over the past five years. In 2023, the company's ROA improved significantly to 1.56% compared to 0.89% in 2022. This indicates that ZoomInfo was able to generate more profit relative to its total assets in 2023, which is generally a positive sign.

Looking further back, the company's ROA was 1.70% in 2021, showcasing another year of solid performance. However, ZoomInfo experienced negative ROA figures in 2020 and 2019, with -0.17% and -1.22% respectively. These negative ROA values suggest that the company had difficulty in generating profits relative to the total assets during those years.

Overall, the recent improvement in ZoomInfo's ROA is a positive signal, indicating increased efficiency in asset utilization and potentially better financial performance. However, it would be essential to monitor this ratio over time to ensure sustained profitability and efficient asset management.