AeroVironment Inc (AVAV)
Return on equity (ROE)
| Apr 30, 2024 | Jan 27, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 30, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | Apr 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | Apr 30, 2020 | Jul 27, 2019 | Apr 30, 2019 | Oct 27, 2018 | Jul 28, 2018 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 59,666 | -106,853 | -121,414 | -145,883 | -176,167 | -8,482 | -7,841 | 1,344 | -4,185 | 48,258 | 50,365 | 83,220 | 150,306 | 107,750 | 142,701 | 113,340 | 87,488 | 122,569 | 84,718 | 85,686 |
| Total stockholders’ equity | US$ in thousands | 822,745 | 812,985 | 793,730 | 574,545 | 550,970 | 621,513 | 607,483 | 599,923 | 607,969 | 602,428 | 599,902 | 598,240 | 612,093 | 523,906 | 519,929 | 509,901 | 481,506 | 462,571 | 444,176 | 437,050 |
| ROE | 7.25% | -13.14% | -15.30% | -25.39% | -31.97% | -1.36% | -1.29% | 0.22% | -0.69% | 8.01% | 8.40% | 13.91% | 24.56% | 20.57% | 27.45% | 22.23% | 18.17% | 26.50% | 19.07% | 19.61% |
April 30, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $59,666K ÷ $822,745K
= 7.25%
AeroVironment Inc's return on equity (ROE) has fluctuated significantly over the past few years. The ROE values have varied from negative percentages to double-digit positive percentages.
In the most recent data available, for April 30, 2024, AeroVironment Inc reported an ROE of 7.25%, indicating a moderate profitability level compared to some previous periods with negative ROE values. However, it is still lower than some of the higher ROE values the company had achieved in the past.
The company experienced a significant decline in ROE from July 2018 to October 2019, with negative values indicating losses or low profitability relative to shareholder equity during those periods. There was a positive trend in ROE from July 2020 to July 2021, with the company achieving ROE values above 20%, signifying improved profitability and efficiency in utilizing equity.
Overall, AeroVironment Inc's ROE has shown variability, reflecting fluctuations in profitability and efficiency in generating returns for shareholders over the analyzed periods. Investors and stakeholders may want to closely monitor the company's financial performance to assess its ability to generate sustainable returns on equity.
Peer comparison
Apr 30, 2024