Dell Technologies Inc (DELL)
Return on equity (ROE)
| Feb 2, 2024 | Feb 3, 2023 | Jan 28, 2022 | Jan 29, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 3,211,000 | 2,442,000 | 5,563,000 | 3,250,000 | 4,616,000 |
| Total stockholders’ equity | US$ in thousands | -2,404,000 | -3,122,000 | -1,685,000 | 2,479,000 | -1,574,000 |
| ROE | — | — | — | 131.10% | — |
February 2, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $3,211,000K ÷ $-2,404,000K
= —
Dell Technologies Inc's return on equity (ROE) for the fiscal years ending January 29, 2021, and January 31, 2020, is 131.10% and not available for the remaining periods. The significant ROE of 131.10% in 2021 indicates that the company generated $1.31 in net income for every $1 of shareholders' equity, showcasing strong profitability and efficiency in utilizing shareholders' funds. The unavailability of ROE for other periods limits a comprehensive trend analysis, but the high ROE in 2021 suggests robust performance. It would be beneficial to monitor future ROE figures to assess the company's ability to consistently generate value for its shareholders through efficient management of equity investments.
Peer comparison
Feb 2, 2024