Certara Inc (CERT)
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 | -12,051 | -31,084 | -78,678 | -61,398 | -55,357 | -33,727 | 19,174 | 13,879 | 14,731 | -4,142 | -9,840 | -12,108 | -13,266 | -58,014 | -55,025 | -49,391 | -49,397 | -965 | 601 | -5,028 |
| Total stockholders’ equity | US$ in thousands | 1,058,660 | 1,053,400 | 1,043,400 | 1,054,360 | 1,046,840 | 1,051,750 | 1,097,170 | 1,085,060 | 1,079,660 | 1,054,400 | 1,048,380 | 1,048,400 | 1,041,850 | 971,320 | 834,510 | 827,267 | 822,132 | 497,538 | 492,190 | 492,048 |
| ROE | -1.14% | -2.95% | -7.54% | -5.82% | -5.29% | -3.21% | 1.75% | 1.28% | 1.36% | -0.39% | -0.94% | -1.15% | -1.27% | -5.97% | -6.59% | -5.97% | -6.01% | -0.19% | 0.12% | -1.02% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-12,051K ÷ $1,058,660K
= -1.14%
The return on equity (ROE) of Certara Inc has fluctuated over the provided periods, ranging from negative percentages to positive percentages. From March 31, 2020, to December 31, 2022, the ROE remained negative, with variations between -6.59% in June 30, 2021, and a slight improvement to -0.39% in September 30, 2022. However, starting from December 31, 2022, the ROE turned positive, reaching 1.36% by the end of that quarter.
Subsequently, the ROE continued to rise, with fluctuations in the low positive range, such as 1.75% by June 30, 2023. Yet, there were dips into negative figures, including -5.29% in December 31, 2023, and the lowest point of -7.54% by June 30, 2024. Despite these setbacks, there was a recovery by the end of December 31, 2024, with the ROE improving to -1.14%.
Overall, Certara Inc's ROE demonstrated variability, with shifts from negative to positive values during the analyzed periods. This indicates fluctuations in the company's profitability relative to its shareholders' equity, highlighting the importance of monitoring and evaluating ROE trends for a comprehensive understanding of the company's financial performance.
Peer comparison
Dec 31, 2024