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.