Corsair Gaming Inc (CRSR)
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 | -91,541 | -86,846 | -38,217 | -13,118 | -2,226 | -2,498 | -5,364 | -60,276 | -61,908 | -43,902 | -36,180 | 50,957 | 100,960 | 119,288 | 153,868 | 148,723 | 103,217 | 66,186 | 31,348 | 1,316 |
| Total stockholders’ equity | US$ in thousands | 604,303 | 598,484 | 642,729 | 663,539 | 667,575 | 649,926 | 648,186 | 633,271 | 623,838 | 516,200 | 524,712 | 580,274 | 568,180 | 537,015 | 529,686 | 487,707 | 437,390 | 388,552 | 240,506 | 215,188 |
| ROE | -15.15% | -14.51% | -5.95% | -1.98% | -0.33% | -0.38% | -0.83% | -9.52% | -9.92% | -8.50% | -6.90% | 8.78% | 17.77% | 22.21% | 29.05% | 30.49% | 23.60% | 17.03% | 13.03% | 0.61% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-91,541K ÷ $604,303K
= -15.15%
The return on equity (ROE) of Corsair Gaming Inc has experienced fluctuations over the observed periods from March 31, 2020, to December 31, 2024.
The ROE increased consistently from March 31, 2020 (0.61%) to March 31, 2021 (30.49%), indicating improved profitability and efficiency in generating returns for shareholders' equity during this period. The peak ROE was observed in March 31, 2021.
Subsequently, the ROE started to decline from June 30, 2021 (29.05%) to December 31, 2021 (17.77%) but remained at relatively healthy levels. However, from March 31, 2022, onwards, the ROE turned negative, hitting its lowest point at December 31, 2024 (-15.15%).
The negative trend in ROE from March 31, 2022, suggests that Corsair Gaming Inc might be facing challenges in generating returns for its equity holders. It is important for stakeholders to analyze the reasons behind this decline and implement strategies to improve the company's profitability and efficiency to enhance ROE in the future.
Peer comparison
Dec 31, 2024