DoubleVerify Holdings Inc (DV)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 56,231 | 71,466 | 43,268 | 29,308 | 20,453 |
| Total stockholders’ equity | US$ in thousands | 1,083,460 | 1,073,940 | 876,859 | 799,066 | 416,695 |
| ROE | 5.19% | 6.65% | 4.93% | 3.67% | 4.91% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $56,231K ÷ $1,083,460K
= 5.19%
The return on equity (ROE) of DoubleVerify Holdings Inc has shown some fluctuation over the past five years. Starting at 4.91% on December 31, 2020, it dipped slightly to 3.67% by the end of 2021. However, the company managed to improve its ROE performance in the following years, reaching 4.93% in 2022, 6.65% in 2023, and finally settling at 5.19% by December 31, 2024. This pattern indicates that DoubleVerify Holdings Inc has been striving to enhance its profitability relative to shareholders' equity, albeit experiencing some ups and downs along the way. Further analysis of the company's financial strategy and operational efficiency may be necessary to understand the underlying factors driving these fluctuations.
Peer comparison
Dec 31, 2024