Akamai Technologies Inc (AKAM)

Return on equity (ROE)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	547,629	523,672	651,642	557,054	478,035
Total stockholders’ equity	US$ in thousands	4,597,160	4,360,190	4,530,010	4,251,300	3,657,960
ROE		11.91%	12.01%	14.39%	13.10%	13.07%

December 31, 2023 calculation

ROE = Net income ÷ Total stockholders’ equity
= $547,629K ÷ $4,597,160K
= 11.91%

Akamai Technologies Inc's return on equity (ROE) has exhibited some fluctuation over the past five years. In 2023, the company's ROE stood at 11.91%, showing a slight decrease from the previous year's ratio of 12.01%. Comparing further back, in 2021, Akamai's ROE was at 14.39%, signaling a higher return to shareholders compared to recent years.

However, in 2020 and 2019, the ROE figures were 13.10% and 13.07%, respectively, indicating relative stability in return on equity performance during those two years. Overall, Akamai Technologies Inc has maintained ROE levels above 10% consistently, suggesting that the company has been efficient in generating returns on the equity invested by shareholders despite some variability in the ratio over the years.