Corsair Gaming Inc (CRSR)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -85,181 | -2,590 | -53,946 | 100,960 | 103,217 |
| Total stockholders’ equity | US$ in thousands | 604,303 | 667,575 | 623,838 | 568,180 | 437,390 |
| ROE | -14.10% | -0.39% | -8.65% | 17.77% | 23.60% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $-85,181K ÷ $604,303K
= -14.10%
The return on equity (ROE) of Corsair Gaming Inc has displayed a declining trend over the past five years, from 23.60% as of December 31, 2020, to -14.10% as of December 31, 2024. A positive ROE indicates that the company is generating profits from shareholders' equity, while a negative ROE suggests that the company is not efficiently utilizing shareholder funds to generate earnings.
The drop in ROE from 2020 to 2024 may raise concerns among investors and stakeholders about the company's profitability and operational efficiency. It is essential for Corsair Gaming Inc to investigate the reasons behind the declining ROE and implement strategic measures to improve its profitability and financial performance moving forward.
Peer comparison
Dec 31, 2024