Box Inc (BOX)

Return on equity (ROE)

Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020
Net income (ttm) US$ in thousands 218,683 149,846 147,609 137,904 129,032 50,326 49,578 39,832 26,783 1,929 -21,840 -31,585 -41,459 -42,077 -33,500 -32,456 -43,433 -68,880 -104,492 -133,070
Total stockholders’ equity US$ in thousands 197,276 13,795 53,746 94,711 61,033 -48,864 -45,943 -21,621 -33,861 -78,160 -90,598 4,386 92,793 220,016 335,907 124,813 151,065 87,562 59,592 40,848
ROE 110.85% 1,086.23% 274.64% 145.61% 211.41% -720.13% -44.68% -19.12% -9.97% -26.00% -28.75% -78.66% -175.35% -325.77%

January 31, 2025 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $218,683K ÷ $197,276K
= 110.85%

Box Inc's return on equity (ROE) has exhibited significant fluctuations over the periods presented. The ROE was negative for several quarters up to January 31, 2022, indicating that the company was not generating satisfactory returns for its shareholders relative to their equity investment. However, by January 31, 2024, the ROE turned positive at 211.41%, indicating a substantial improvement in the company's ability to generate profit from shareholders' equity.

The positive trend continued, with the ROE reaching 1,086.23% by October 31, 2024, suggesting a remarkable surge in the company's profitability and efficiency in utilizing shareholder funds. The latest figure as of January 31, 2025, stands at 110.85%, indicating a solid performance in generating profits relative to shareholders' equity investment.

Overall, Box Inc's ROE has shown a notable improvement from the initial negative values to strong positive figures, reflecting enhanced profitability and efficiency in utilizing equity capital over the evaluated periods. This positive trend in ROE signifies a potentially favorable financial outlook for the company and increased returns for its shareholders.