Maplebear Inc. (CART)

Return on equity (ROE)

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Net income US$ in thousands 457,000 -1,622,000 428,000 -73,000 -70,000
Total stockholders’ equity US$ in thousands 3,093,000 3,927,000 -64,000 -573,000 1,576,000
ROE 14.78% -41.30% -4.44%

December 31, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $457,000K ÷ $3,093,000K
= 14.78%

Based on the data provided for Maplebear Inc.'s return on equity (ROE), the company's performance fluctuated over the years:

- As of December 31, 2020, the ROE was negative at -4.44%, indicating that the company generated a loss in relation to its shareholder equity.

- The ROE figures for December 31, 2021, and December 31, 2022 are not available (indicated as "—"), suggesting a lack of data for these periods.

- By December 31, 2023, the ROE significantly declined to -41.30%, indicating a substantial decrease in profitability compared to the prior year.

- However, as of December 31, 2024, the ROE showed improvement, reaching 14.78%. This positive change suggests that Maplebear Inc. was able to enhance its profitability and efficiency in generating returns for its shareholders.

Overall, Maplebear Inc.'s ROE trend indicates volatility and varying levels of profitability over the years, with a notable improvement in performance by the end of 2024. Further analysis of the company's operations and financial strategies may provide insights into the factors driving these fluctuations in ROE.