ANGI Homeservices Inc (ANGI)
Return on equity (ROE)
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 52,741 | 36,004 | 31,733 | -8,784 | -27,243 | -40,612 | -88,312 | -100,395 | -109,693 | -127,980 | -100,744 | -100,300 | -106,596 | -71,378 | -59,821 | -38,354 | 4,606 | -6,283 | 8,074 | 21,601 |
| Total stockholders’ equity | US$ in thousands | 1,049,040 | 1,062,800 | 1,069,500 | 1,039,800 | 1,039,020 | 1,040,770 | 1,041,690 | 1,038,240 | 1,044,980 | 1,048,380 | 1,085,610 | 1,088,900 | 1,103,360 | 1,134,620 | 1,157,910 | 1,198,370 | 1,223,120 | 1,272,290 | 1,273,910 | 1,292,320 |
| ROE | 5.03% | 3.39% | 2.97% | -0.84% | -2.62% | -3.90% | -8.48% | -9.67% | -10.50% | -12.21% | -9.28% | -9.21% | -9.66% | -6.29% | -5.17% | -3.20% | 0.38% | -0.49% | 0.63% | 1.67% |
March 31, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $52,741K ÷ $1,049,040K
= 5.03%
The analysis of ANGI Homeservices Inc's return on equity (ROE) over the specified period reveals notable fluctuations and an overall trend toward improvement in profitability for shareholders. Initially, at June 30, 2020, the ROE was positive at 1.67%, indicating a modest level of profitability relative to shareholders' equity. However, this figure declined sharply in the subsequent quarters, reaching negative territory with a -0.49% at December 31, 2020, and further deteriorating to -6.29% by the end of 2021, highlighting escalating challenges in generating consistent returns on equity.
Throughout 2022 and into early 2023, the ROE persisted at negative levels, with a gradual but persistent decrease, peaking at -12.21% on December 31, 2022. This persistent negative trend signals ongoing difficulties in operational performance, increased losses, or potentially substantial investments impacting equity profitability.
Starting in late 2023 and early 2024, a visible reversal emerges. The ROE improves from -3.90% on December 31, 2023, to -2.62% on March 31, 2024, indicating a reduction in losses relative to shareholders' equity. Subsequently, the ROE transitions into positive territory, reaching 2.97% on September 30, 2024, and climbing further to 3.39% by December 31, 2024, suggesting a sustained improvement in profitability.
By March 31, 2025, the ROE demonstrates a significant turnaround, attaining 5.03%, which may reflect enhanced operational efficiency, increased revenues, or effective cost management. This progression from deeply negative values to positive returns illustrates a notable recovery trajectory for the company over this period.
In summary, ANGI Homeservices Inc experienced substantial negative ROE throughout 2021 and most of 2022, indicating significant challenges in profitability during that phase. Nevertheless, recent data indicate a positive trend, with the ROE moving into positive territory in late 2024 and into early 2025, signifying potential improvements in financial performance and shareholder value.
Peer comparison
Mar 31, 2025