ACI Worldwide Inc (ACIW)
Return on equity (ROE)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 121,509 | 142,177 | 127,791 | 72,660 | 67,062 |
| Total stockholders’ equity | US$ in thousands | 1,324,300 | 1,193,190 | 1,244,780 | 1,206,600 | 1,129,970 |
| ROE | 9.18% | 11.92% | 10.27% | 6.02% | 5.93% |
December 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $121,509K ÷ $1,324,300K
= 9.18%
The return on equity (ROE) of ACI Worldwide Inc has exhibited a mixed trend over the five-year period from 2019 to 2023. The ROE increased from 5.93% in 2019 to 10.27% in 2021, indicating improved profitability relative to shareholders' equity. However, there was a slight decline in ROE to 9.18% in 2023. Overall, ACI Worldwide Inc has maintained a moderate ROE performance, with fluctuations observed over the years.
The fluctuation in ROE may indicate varying efficiency in utilizing shareholder equity to generate profits. Investors and stakeholders should further investigate the company's financial performance and factors influencing the ROE trend to gain a deeper understanding of its profitability and value creation for shareholders.
Peer comparison
Dec 31, 2023