DoubleVerify Holdings Inc (DV)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 56,231 | 65,936 | 61,082 | 66,447 | 71,466 | 56,429 | 53,413 | 50,864 | 43,268 | 53,508 | 51,101 | 28,243 | 29,308 | 9,130 | 7,011 | 23,657 | 20,453 | 19,979 | 21,188 |
| Total stockholders’ equity | US$ in thousands | 1,083,460 | 1,130,580 | 1,105,160 | 1,097,090 | 1,073,940 | 1,011,280 | 934,222 | 903,198 | 876,859 | 840,015 | 821,335 | 813,689 | 799,066 | 732,756 | 719,416 | 424,616 | 416,695 | 335,198 | — |
| ROE | 5.19% | 5.83% | 5.53% | 6.06% | 6.65% | 5.58% | 5.72% | 5.63% | 4.93% | 6.37% | 6.22% | 3.47% | 3.67% | 1.25% | 0.97% | 5.57% | 4.91% | 5.96% | — |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $56,231K ÷ $1,083,460K
= 5.19%
DoubleVerify Holdings Inc's return on equity (ROE) has fluctuated over the past several quarters. The ROE was inconsistent in the range of 0.97% to 6.65% from June 2021 to December 2023. There was a noticeable improvement in ROE from June 2023 to March 2024, hovering between 5.53% and 6.65%. Despite some variability, the ROE remained relatively stable in the mid-single-digit range which indicates the company's ability to generate profits from shareholders' equity. The latest reported ROE as of December 31, 2024, stood at 5.19%, suggesting the company continues to deliver moderate returns on equity to its shareholders.
Peer comparison
Dec 31, 2024