CSG Systems International Inc (CSGS)
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 | 86,852 | 65,054 | 64,660 | 64,785 | 66,246 | 73,725 | 67,512 | 58,875 | 44,060 | 41,160 | 44,809 | 58,813 | 72,331 | 68,347 | 65,783 | 56,828 | 58,711 | 68,027 | 76,020 | 85,033 |
Total stockholders’ equity | US$ in thousands | 282,569 | 288,411 | 273,329 | 269,340 | 273,326 | 260,491 | 383,311 | 368,223 | 355,249 | 344,305 | 377,022 | 410,537 | 436,609 | 439,989 | 439,780 | 427,715 | 422,395 | 409,927 | 397,622 | 386,831 |
ROE | 30.74% | 22.56% | 23.66% | 24.05% | 24.24% | 28.30% | 17.61% | 15.99% | 12.40% | 11.95% | 11.88% | 14.33% | 16.57% | 15.53% | 14.96% | 13.29% | 13.90% | 16.59% | 19.12% | 21.98% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $86,852K ÷ $282,569K
= 30.74%
The return on equity (ROE) for CSG Systems International Inc fluctuated over the period from March 31, 2020, to December 31, 2024. It started at 21.98% in March 2020 and gradually decreased, reaching its lowest point of 11.88% in June 2022. Subsequently, there was an upward trend in ROE, with a significant increase to 30.74% by December 2024.
Overall, the ROE demonstrates some volatility over the period, indicating fluctuations in profitability relative to shareholders' equity. The company experienced challenges in maintaining high ROE during certain quarters but managed to improve its performance significantly by the end of 2024. This suggests that the company made strategic decisions or operational improvements that positively impacted its profitability and efficiency in generating returns for shareholders.
Peer comparison
Dec 31, 2024