Artivion Inc (AORT)

Return on equity (ROE)

		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	Mar 31, 2020
Net income (ttm)	US$ in thousands	-13,355	-847	-8,360	-9,625	-30,690	-24,546	-28,458	-29,335	-19,192	-41,461	-17,166	-15,085	-14,834	1,808	-11,644	-13,155	-16,682	-13,905	-11,169	-4,648
Total stockholders’ equity	US$ in thousands	276,200	304,739	295,056	294,985	281,780	271,975	282,508	279,917	284,329	255,108	281,509	297,492	300,728	311,541	301,835	297,331	328,713	325,766	296,556	276,609
ROE		-4.84%	-0.28%	-2.83%	-3.26%	-10.89%	-9.03%	-10.07%	-10.48%	-6.75%	-16.25%	-6.10%	-5.07%	-4.93%	0.58%	-3.86%	-4.42%	-5.07%	-4.27%	-3.77%	-1.68%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-13,355K ÷ $276,200K
= -4.84%

Artivion Inc's return on equity (ROE) has shown a fluctuating trend over the past few years. The ROE was negative in most of the quarters, indicating that the company was not efficiently utilizing its equity to generate profits for its shareholders.

There was a slight improvement in ROE in the third quarter of 2021, when it turned positive at 0.58%. However, this was short-lived as the ROE again turned negative in subsequent quarters, reaching a low of -16.25% in the third quarter of 2022.

Despite some fluctuations, the ROE remained negative throughout 2023 and early 2024, with values ranging from -10.89% to -0.28%. In the last quarter of 2024, the ROE improved slightly to -4.84%.

Overall, Artivion Inc's ROE performance has been inconsistent and mostly negative, indicating potential inefficiencies in how the company is using its equity to generate returns for its shareholders.