Agilysys Inc (AGYS)

Return on equity (ROE)

		Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019
Net income (ttm)	US$ in thousands	86,195	87,309	14,060	13,091	14,582	12,489	10,139	7,545	6,478	-19,785	-23,397	-18,512	-21,001	-23,712	-24,224	-33,009	-34,067	-10,664	-12,130	-13,003
Total stockholders’ equity	US$ in thousands	236,477	230,273	116,618	111,686	109,310	111,912	106,594	101,276	97,344	92,413	87,718	84,487	79,876	81,779	77,924	71,350	71,757	96,936	98,365	99,923
ROE		36.45%	37.92%	12.06%	11.72%	13.34%	11.16%	9.51%	7.45%	6.65%	-21.41%	-26.67%	-21.91%	-26.29%	-29.00%	-31.09%	-46.26%	-47.48%	-11.00%	-12.33%	-13.01%

March 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $86,195K ÷ $236,477K
= 36.45%

Agilysys Inc's return on equity (ROE) has shown significant fluctuations over the past several quarters. The ROE ranged from negative levels, indicating losses, to positive levels, reflecting profitability.

In the latest quarter, as of March 31, 2024, the ROE stood at 36.45%, demonstrating a strong return on shareholder equity. This indicates that the company is generating a healthy amount of profit relative to the shareholders' equity invested in the business.

Looking back at the trend, there has been an improvement in ROE in recent quarters compared to the negative ROE figures seen in 2021. This suggests that the company has been able to enhance its profitability and better utilize its shareholders' equity.

Overall, Agilysys Inc's ROE has shown volatility, but the recent uptick in profitability is a positive sign for investors. It will be important to monitor the company's future performance to see if it can sustain and potentially improve its return on equity in the long term.