Autodesk Inc (ADSK)
Return on equity (ROE)
| Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 997,000 | 906,000 | 917,000 | 874,000 | 838,000 | 823,000 | 619,000 | 558,000 | 487,000 | 497,000 | 1,319,300 | 1,314,500 | 1,297,700 | 1,208,200 | 428,700 | 363,200 | 305,200 | 214,500 | 147,400 | 57,000 |
| Total stockholders’ equity | US$ in thousands | 2,161,000 | 1,855,000 | 1,482,000 | 1,206,000 | 897,000 | 1,145,000 | 906,000 | 740,000 | 681,000 | 849,000 | 1,280,000 | 1,328,000 | 1,128,000 | 965,000 | 69,300 | 67,300 | -139,100 | -139,000 | -171,500 | -194,300 |
| ROE | 46.14% | 48.84% | 61.88% | 72.47% | 93.42% | 71.88% | 68.32% | 75.41% | 71.51% | 58.54% | 103.07% | 98.98% | 115.04% | 125.20% | 618.61% | 539.67% | — | — | — | — |
April 30, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $997,000K ÷ $2,161,000K
= 46.14%
Autodesk Inc's return on equity (ROE) has shown significant variability over the past several quarters. The ROE ranged from a low of 46.14% in April 2024 to a high of 618.61% in October 2020, indicating fluctuations in the company's profitability and efficiency in generating returns for its shareholders.
The ROE trend presents a mix of strong and weaker performance periods, with some quarters significantly outperforming others. There is a notable spike in ROE in the earlier quarters of 2020, followed by a decrease in the subsequent quarters. This spike may reflect certain unique factors or events impacting the company's financial performance during that period.
Overall, the ROE figures suggest that Autodesk Inc has historically demonstrated the ability to generate solid returns on shareholders' equity, particularly in the earlier quarters of 2020 and prior. However, the recent declining trend in ROE may indicate a need for further analysis to understand the underlying reasons for the drop in profitability and efficiency in utilizing equity in generating earnings.
It is worth noting that the absence of ROE data for the last three quarters raises questions about the availability of complete financial information for analysis, which may impact the comprehensive assessment of Autodesk Inc's recent profitability and shareholder value creation. Further monitoring of ROE trends and performance indicators will be essential in gauging the company's financial health and sustainability in the future.
Peer comparison
Apr 30, 2024