FormFactor Inc (FORM)
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 | Mar 31, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 69,614 | 135,755 | 121,390 | 102,826 | 82,387 | -7,186 | -7,206 | 22,208 | 50,738 | 90,362 | 106,508 | 94,171 | 83,924 | 77,300 | 79,694 | 82,258 | 78,523 | 77,886 | 63,274 | 49,753 |
Total stockholders’ equity | US$ in thousands | 947,768 | 955,010 | 947,916 | 923,750 | 908,804 | 840,688 | 834,263 | 824,372 | 808,285 | 808,302 | 829,985 | 846,673 | 815,780 | 786,390 | 769,547 | 766,533 | 744,084 | 714,142 | 690,722 | 666,417 |
ROE | 7.35% | 14.22% | 12.81% | 11.13% | 9.07% | -0.85% | -0.86% | 2.69% | 6.28% | 11.18% | 12.83% | 11.12% | 10.29% | 9.83% | 10.36% | 10.73% | 10.55% | 10.91% | 9.16% | 7.47% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $69,614K ÷ $947,768K
= 7.35%
FormFactor Inc's return on equity (ROE) has shown fluctuations over the past few years. The ROE figures ranged from a low of -0.86% in June 2023 to a high of 14.22% in September 2024.
The company's ROE started below 10% in 2020 but gradually improved, reaching a peak of 14.22% in September 2024. This suggests that the company was able to generate more profit relative to its shareholders' equity as time progressed.
However, there were also periods of decline in ROE, with notable drops observed in December 2022 and March 2023. These declines may indicate challenges in generating profits relative to the shareholders' investments during those periods.
Overall, FormFactor Inc has shown a mix of positive and negative ROE figures, indicating varying levels of profitability relative to shareholders' equity. Investors and analysts may want to further investigate the factors contributing to these fluctuations to assess the company's financial performance and sustainability.
Peer comparison
Dec 31, 2024