Arlo Technologies (ARLO)
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 | -22,036 | -44,883 | -58,198 | -62,392 | -56,626 | -41,263 | -42,026 | -53,789 | -56,029 | -64,447 | -66,708 | -72,644 | -101,251 | -66,426 | -79,557 | -83,993 | -85,951 | -144,639 | -127,274 | -111,404 |
| Total stockholders’ equity | US$ in thousands | 103,276 | 90,193 | 81,756 | 86,251 | 87,695 | 97,321 | 102,401 | 112,004 | 112,652 | 112,224 | 114,785 | 136,330 | 133,767 | 141,807 | 151,904 | 178,561 | 203,376 | 179,606 | 203,230 | 232,141 |
| ROE | -21.34% | -49.76% | -71.18% | -72.34% | -64.57% | -42.40% | -41.04% | -48.02% | -49.74% | -57.43% | -58.12% | -53.29% | -75.69% | -46.84% | -52.37% | -47.04% | -42.26% | -80.53% | -62.63% | -47.99% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-22,036K ÷ $103,276K
= -21.34%
Arlo Technologies Inc's return on equity (ROE) has shown a declining trend over the past eight quarters. The company's ROE has been negative in each quarter, with values ranging from -21.34% to -72.34%. This indicates that the company's net income is not generating a sufficient return on shareholders' equity, which could be a concerning sign for investors. The consistently negative ROE figures suggest that Arlo Technologies Inc may be facing profitability challenges or operational inefficiencies. Further analysis of the company's financial performance and strategic initiatives may be warranted to address the sustained low ROE levels and to enhance shareholder value.
Peer comparison
Dec 31, 2023