Fair Isaac Corporation (FICO)
Return on equity (ROE)
Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 429,375 | 373,541 | 392,084 | 236,411 | 192,124 |
Total stockholders’ equity | US$ in thousands | -687,990 | -801,947 | -110,942 | 331,082 | 289,767 |
ROE | — | — | — | 71.41% | 66.30% |
September 30, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $429,375K ÷ $-687,990K
= —
Based on the provided data, Fair, Isaac Corp.'s return on equity (ROE) was not available for the September 30, 2023 and 2022 periods. However, for the September 30, 2021 period, the ROE figure was not available. In the September 30, 2020 period, the company achieved an ROE of 71.41%, which marked an increase from 66.30% in the September 30, 2019 period.
This indicates that the company's ability to generate profit from its shareholders' equity improved, resulting in a higher ROE in 2020 compared to 2019. ROE is a measure of a company's efficiency in utilizing its equity to generate profits, and the increase suggests improved profitability relative to the equity investment. It is important to note that the lack of available ROE data for 2023 and 2022 limits the ability to perform a comprehensive trend analysis.
Peer comparison
Sep 30, 2023