DXC Technology Co (DXC)
Return on equity (ROE)
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 91,000 | -568,000 | 718,000 | -149,000 | -5,369,000 |
| Total stockholders’ equity | US$ in thousands | 2,811,000 | 3,497,000 | 5,052,000 | 4,973,000 | 4,785,000 |
| ROE | 3.24% | -16.24% | 14.21% | -3.00% | -112.20% |
March 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $91,000K ÷ $2,811,000K
= 3.24%
The return on equity (ROE) of DXC Technology Co has shown significant fluctuations over the past five years. In 2024, the company's ROE stood at 3.24%, a slight improvement from the negative ROE of -16.24% in 2023. The ROE was notably strong at 14.21% in 2022, following a negative ROE of -3.00% in 2021 and a significantly low ROE of -112.20% in 2020.
The positive ROE values in 2024 and 2022 indicate that the company generated a profit relative to its shareholders' equity. However, the negative ROE values in 2023, 2021, and 2020 suggest that the company experienced losses or inefficiencies in utilizing its equity to generate returns.
It is important for investors and stakeholders to further investigate the reasons behind these fluctuations in ROE to gain a deeper understanding of DXC Technology Co's financial performance and sustainability. Additional analysis of the company's financial statements and operational activities may provide insights into the factors influencing the ROE variations and help in assessing the company's profitability and efficiency in utilizing shareholder equity.
Peer comparison
Mar 31, 2024