CommVault Systems Inc (CVLT)

Return on equity (ROE)

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Net income	US$ in thousands	168,906	-35,774	33,624	-30,954	-5,645
Total stockholders’ equity	US$ in thousands	278,085	186,098	255,829	394,034	411,904
ROE		60.74%	-19.22%	13.14%	-7.86%	-1.37%

March 31, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $168,906K ÷ $278,085K
= 60.74%

CommVault Systems Inc's return on equity (ROE) has fluctuated over the past five years. In fiscal year 2024, the ROE was 60.74%, reflecting a significant improvement compared to the negative ROE of -19.22% in 2023 and the low ROE of -7.86% in 2021. The ROE in 2022 was 13.14%, indicating a moderate return. However, in 2020, the company experienced a negative ROE of -1.37%.

The increase in ROE in 2024 suggests that the company is generating a more favorable return for its shareholders compared to the previous years. It indicates that CommVault Systems Inc is becoming more efficient in utilizing its equity to generate profits.

Overall, the trend in ROE shows variability in the company's performance over the years, with a significant improvement in 2024. It is important for investors and stakeholders to monitor this metric to assess the company's profitability and how effectively it is using shareholder equity to generate returns.