Alpha and Omega Semiconductor Ltd (AOSL)
Return on equity (ROE)
| Jun 30, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -96,976 | -22,649 | -23,054 | -19,363 | -11,081 | -9,453 | -15,668 | -6,408 | 13,844 | 30,039 | 79,116 | 455,777 | 453,163 | 457,611 | 442,061 | 71,966 | 58,116 | 38,472 | 15,877 | 1,969 |
| Total stockholders’ equity | US$ in thousands | 822,332,000 | 886,291 | 902,580 | 895,272 | 891,607 | 888,937 | 894,558 | 885,279 | 883,919 | 887,258 | 899,674 | 885,469 | 854,093 | 826,901 | 793,990 | 400,871 | 373,205 | 345,287 | 331,718 | 309,108 |
| ROE | -0.01% | -2.56% | -2.55% | -2.16% | -1.24% | -1.06% | -1.75% | -0.72% | 1.57% | 3.39% | 8.79% | 51.47% | 53.06% | 55.34% | 55.68% | 17.95% | 15.57% | 11.14% | 4.79% | 0.64% |
June 30, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-96,976K ÷ $822,332,000K
= -0.01%
The return on equity (ROE) of Alpha and Omega Semiconductor Ltd exhibits significant fluctuations over the analyzed period. Starting from a relatively modest 0.64% as of September 30, 2020, ROE increased substantially, reaching a peak of approximately 55.68% by December 31, 2021. This sharp rise indicates a period of exceptional profitability relative to shareholders' equity during this timeframe.
Following this peak, the ROE stabilized at high levels through the first half of 2022 (around 53.06% as of June 30, 2022), maintaining a strong profitability position. Subsequently, the metric demonstrated a gradual decline, with the ROE decreasing to 51.47% by September 30, 2022, and then experiencing a notable drop to 8.79% by December 31, 2022.
From early 2023 onwards, the ROE turned negative, reflecting losses relative to shareholders' equity. It declined to -0.72% on September 30, 2023, and further to -1.75% by December 31, 2023. The downward trend persisted into 2024 and 2025, with the ROE reaching as low as -2.56% on March 31, 2025. Notably, there is a slight improvement observed as of June 30, 2025, where the ROE stands at -0.01%, nearing a break-even point but still indicating negative return on shareholders' equity.
Overall, the data reveals that Alpha and Omega Semiconductor Ltd experienced a period of remarkable profitability centered around late 2021 and early 2022, followed by a sustained decline into negative territory, signaling challenges in maintaining profitability and possibly reflecting adverse operational or market conditions in recent periods.