3D Systems Corporation (DDD)

Return on equity (ROE)

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019
Net income (ttm)	US$ in thousands	-349,268	-362,688	-95,573	-121,267	-125,333	-122,711	-103,358	226,696	250,025	322,052	308,422	-57,123	-85,442	-149,594	-134,478	-78,432	-64,410	-69,880	-69,302	-64,009
Total stockholders’ equity	US$ in thousands	410,331	428,759	701,466	712,955	731,448	751,704	735,910	785,807	826,876	842,381	749,150	466,539	462,133	430,723	428,518	463,428	488,669	522,159	514,749	536,832
ROE		-85.12%	-84.59%	-13.62%	-17.01%	-17.13%	-16.32%	-14.04%	28.85%	30.24%	38.23%	41.17%	-12.24%	-18.49%	-34.73%	-31.38%	-16.92%	-13.18%	-13.38%	-13.46%	-11.92%

March 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-349,268K ÷ $410,331K
= -85.12%

The return on equity (ROE) of 3D Systems Corporation has fluctuated significantly over the past few quarters. The company experienced negative ROE values for the most recent quarters, indicating challenges in generating profits relative to shareholders' equity. The ROE reached its lowest point at -85.12% in March 2024 and stayed consistently negative for the last few quarters.

Prior to this negative trend, 3D Systems Corporation had shown a positive ROE performance, with the highest ROE being 41.17% in September 2021. This indicates that the company was more efficient in utilizing shareholders' equity to generate profits during that period.

The declining trend in ROE since September 2021 could signal potential issues related to profitability, operational efficiency, or financial leverage within the company. It would be important for stakeholders to monitor future financial performance closely and assess the company's strategies to reverse this negative trend in ROE.