FormFactor Inc (FORM)

Return on equity (ROE)

		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	Mar 31, 2019
Net income (ttm)	US$ in thousands	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	39,346	105,810	105,219	107,394
Total stockholders’ equity	US$ in thousands	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	640,997	614,546	604,102	592,988
ROE		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%	6.14%	17.22%	17.42%	18.11%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $82,387K ÷ $908,804K
= 9.07%

FormFactor Inc's return on equity (ROE) has shown fluctuations over the past few quarters. The ROE was positive in most quarters, indicating the company's ability to generate profits from shareholders' equity. However, there were some quarters where the ROE turned negative, suggesting potential challenges with profitability or efficiency in the use of equity.

The ROE ranged from a low of -0.86% to a high of 12.83% in the quarters shown. The variation in ROE may reflect changes in the company's financial performance, capital structure, or management effectiveness in utilizing equity to generate earnings.

Overall, FormFactor Inc's ROE has been relatively stable around the 10% range in recent quarters, indicating a moderate return on shareholders' equity. Investors and analysts may want to further investigate the factors driving these fluctuations in ROE to assess the company's financial health and sustainability of its returns.