DXC Technology Co (DXC)
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 | 91,000 | -465,000 | -562,000 | -634,000 | -568,000 | 718,000 | 757,000 | 542,000 | 718,000 | -610,000 | 390,000 | 334,000 | -149,000 | -2,846,000 | -3,862,000 | -5,737,000 | -5,369,000 | -1,600,000 | -1,220,000 | 1,161,000 |
| Total stockholders’ equity | US$ in thousands | 2,811,000 | 3,107,000 | 3,147,000 | 3,278,000 | 3,497,000 | 4,627,000 | 4,615,000 | 4,725,000 | 5,052,000 | 4,772,000 | 4,772,000 | 5,077,000 | 4,973,000 | 5,655,000 | 4,401,000 | 4,593,000 | 4,785,000 | 8,749,000 | 8,550,000 | 10,913,000 |
| ROE | 3.24% | -14.97% | -17.86% | -19.34% | -16.24% | 15.52% | 16.40% | 11.47% | 14.21% | -12.78% | 8.17% | 6.58% | -3.00% | -50.33% | -87.75% | -124.91% | -112.20% | -18.29% | -14.27% | 10.64% |
March 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $91,000K ÷ $2,811,000K
= 3.24%
Firstly, it is evident that DXC Technology Co's return on equity (ROE) has been quite volatile over the periods analyzed. The ROE figures range from significantly negative to positive values in the recent quarters.
The negative ROE figures in some periods, such as December 2023, September 2023, June 2023, March 2023, December 2020, September 2020, June 2020, March 2020, and September 2019, indicate that the company's net income was insufficient to generate returns for shareholders, suggesting operational inefficiencies or financial difficulties during those periods.
On the other hand, the positive ROE figures in certain quarters, like December 2022, September 2022, June 2022, March 2022, June 2021, March 2021, and June 2019, demonstrate periods when the company was able to generate profits that exceeded shareholder expectations, positively impacting ROE.
Overall, the fluctuating nature of DXC Technology Co's ROE suggests varying levels of profitability and operational efficiency over the analyzed periods. Investors and analysts may need to further investigate the company's financial performance and operational strategies to understand the factors driving these ROE fluctuations and assess the company's long-term sustainability and growth prospects.
Peer comparison
Mar 31, 2024