Cirrus Logic Inc (CRUS)

Return on equity (ROE)

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Net income	US$ in thousands	274,572	176,703	326,355	217,344	159,498
Total stockholders’ equity	US$ in thousands	1,817,010	1,658,280	1,599,820	1,389,000	1,229,780
ROE		15.11%	10.66%	20.40%	15.65%	12.97%

March 31, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $274,572K ÷ $1,817,010K
= 15.11%

Return on equity (ROE) is a key financial ratio that indicates how efficiently a company is utilizing shareholder equity to generate profits. In the case of Cirrus Logic Inc, the trend in ROE over the past five years has shown some fluctuations.

At the end of March 2024, Cirrus Logic Inc's ROE stood at 15.11%, reflecting an increase compared to the previous year. This improvement suggests that the company was able to generate more profit from its shareholders' equity in the most recent financial period, which is a positive sign for investors.

Looking further back, the ROE for Cirrus Logic Inc was 10.66% in March 2023, 20.40% in March 2022, 15.65% in March 2021, and 12.97% in March 2020. These figures indicate that the company's ROE has experienced variability over the past five years, with some years performing better than others.

Overall, while there have been fluctuations in Cirrus Logic Inc's ROE over the past five years, the recent uptick in ROE suggests improved efficiency in utilizing shareholder equity to generate profits. Investors and analysts may want to continue monitoring this ratio to assess the company's financial performance and its ability to create value for its shareholders.