Concentrix Corporation (CNXC)
Return on equity (ROE)
| Feb 28, 2025 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 205,824 | 205,054 | 266,058 | 278,074 | 313,842 | 349,299 | 378,354 | 412,646 | 435,049 | 454,213 | 457,277 | 427,039 | 405,577 |
| Total stockholders’ equity | US$ in thousands | 4,033,770 | 4,168,770 | 4,083,420 | 4,101,640 | 4,143,290 | 2,903,520 | 2,854,260 | 2,800,500 | 2,695,900 | 2,646,630 | 2,723,940 | 2,732,000 | 2,620,260 |
| ROE | 5.10% | 4.92% | 6.52% | 6.78% | 7.57% | 12.03% | 13.26% | 14.73% | 16.14% | 17.16% | 16.79% | 15.63% | 15.48% |
February 28, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $205,824K ÷ $4,033,770K
= 5.10%
Concentrix Corporation's return on equity (ROE) has shown a declining trend over the period from November 30, 2021, to February 28, 2025. The ROE started at 15.48% in November 2021, increased slightly to 15.63% by February 2022, and reached its peak of 17.16% by August 31, 2022. However, after August 2022, the ROE started decreasing consistently.
From November 2022 to February 2025, the ROE decreased from 16.14% to 5.10%. This downward trend indicates a decrease in the company's ability to generate profit from shareholders' equity over time. It is important to investigate the reasons behind this declining trend, as a low ROE may signal inefficiencies or challenges in the company's operations or financial management. Further analysis of Concentrix Corporation's financial performance and efficiency measures is recommended to understand the factors contributing to the declining ROE and to identify areas for improvement.
Peer comparison
Feb 28, 2025