Amkor Technology Inc (AMKR)
Return on equity (ROE)
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 | Mar 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 359,813 | 406,552 | 580,019 | 640,511 | 765,823 | 818,048 | 692,821 | 693,849 | 642,995 | 553,143 | 464,440 | 394,058 | 338,138 | 310,611 | 272,530 | 207,656 | 120,888 | 50,036 | 52,628 | 94,669 |
Total stockholders’ equity | US$ in thousands | 3,962,310 | 3,846,690 | 3,732,150 | 3,696,480 | 3,668,750 | 3,487,350 | 3,196,300 | 3,096,120 | 2,942,280 | 2,730,010 | 2,554,250 | 2,433,920 | 2,325,700 | 2,194,620 | 2,089,400 | 2,031,520 | 1,963,740 | 1,861,640 | 1,805,310 | 1,807,010 |
ROE | 9.08% | 10.57% | 15.54% | 17.33% | 20.87% | 23.46% | 21.68% | 22.41% | 21.85% | 20.26% | 18.18% | 16.19% | 14.54% | 14.15% | 13.04% | 10.22% | 6.16% | 2.69% | 2.92% | 5.24% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $359,813K ÷ $3,962,310K
= 9.08%
AMKOR Technology Inc.'s return on equity (ROE) has shown a declining trend over the past quarters. In Q4 2023, the ROE was 9.08%, down from 10.57% in Q3 2023. This marks a continuation of the downward trend observed since Q1 2023, where the ROE was at its highest point for the year at 17.33%.
Comparing the latest ROE of 9.08% to the same period in the prior year, Q4 2022, which was 20.87%, there has been a noticeable decrease in profitability. This decline may indicate a decrease in the company's ability to generate earnings from its equity position.
The quarterly fluctuations in ROE could be influenced by various factors such as changes in revenue, expenses, debt levels, and asset utilization. It is essential for investors and stakeholders to further investigate the reasons behind the decreasing trend in ROE to assess the company's overall financial health and performance.
Peer comparison
Dec 31, 2023