Calix Inc (CALX)
Return on equity (ROE)
| 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 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -29,747 | -15,965 | 4,956 | 22,287 | 31,782 | 47,851 | 44,341 | 42,489 | 41,010 | 48,964 | 212,945 | 225,882 | 238,378 | 242,599 | 85,713 | 61,043 | 33,484 | 9,879 | -14,038 | -14,871 |
| Total stockholders’ equity | US$ in thousands | 780,940 | 778,688 | 754,224 | 742,693 | 718,982 | 750,945 | 741,770 | 717,839 | 679,567 | 647,747 | 617,129 | 591,805 | 568,428 | 535,626 | 345,638 | 314,715 | 280,325 | 247,531 | 159,168 | 150,915 |
| ROE | -3.81% | -2.05% | 0.66% | 3.00% | 4.42% | 6.37% | 5.98% | 5.92% | 6.03% | 7.56% | 34.51% | 38.17% | 41.94% | 45.29% | 24.80% | 19.40% | 11.94% | 3.99% | -8.82% | -9.85% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-29,747K ÷ $780,940K
= -3.81%
Calix Inc's Return on Equity (ROE) has displayed fluctuations over the period from March 31, 2020, to December 31, 2024. The ROE had negative values in the initial quarters of 2020 and 2021, suggesting inefficiency in generating profits relative to shareholder equity. However, the company showed a turnaround in performance, with ROE turning positive in the later part of 2021 and increasing significantly by September 30, 2021, reaching 45.29%.
Despite the strong performance in the latter part of 2021, ROE exhibited a declining trend in 2022 and 2023, suggesting a decrease in the company's ability to generate profits from its equity. By December 31, 2023, the ROE had decreased to 4.42%. The downward trajectory continued in 2024, with ROE declining to negative values, indicating that the company's profitability relative to equity had worsened.
Overall, Calix Inc's ROE trend indicates a mixture of positive and negative performance periods, with the company experiencing both growth and challenges in generating returns for its shareholders. Further analysis and evaluation of the company's financial strategies and operational efficiency may be needed to understand the factors driving these fluctuations in ROE.
Peer comparison
Dec 31, 2024