Godaddy Inc (GDDY)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 936,900 | 1,374,800 | 352,200 | 242,300 | -494,100 |
| Total stockholders’ equity | US$ in thousands | 692,100 | 62,200 | -331,800 | 81,700 | -12,900 |
| ROE | 135.37% | 2,210.29% | — | 296.57% | — |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $936,900K ÷ $692,100K
= 135.37%
Based on the provided data, Godaddy Inc's return on equity (ROE) has shown significant fluctuations over the years.
In December 31, 2020, the ROE was not available, indicating a lack of profitability measurement for that year.
By December 31, 2021, the ROE surged to an impressive 296.57%, reflecting a strong performance in generating profits relative to shareholders' equity.
However, in December 31, 2022, the ROE data is missing again, making it unclear how the company performed in terms of profitability that year.
The ROE then saw a substantial increase to 2,210.29% by December 31, 2023, indicating a massive jump in the company's ability to generate profit with the shareholders' equity invested.
By December 31, 2024, the ROE decreased to 135.37%, showing a decline from the previous year but still at a healthy level, suggesting that Godaddy Inc continued to deliver a solid return on equity to its shareholders, although not as high as in 2023.
In conclusion, while Godaddy Inc exhibited significant volatility in its ROE figures over the years, the company managed to achieve impressive returns on equity, indicating efficient utilization of shareholder funds to generate profits during the period under review.
Peer comparison
Dec 31, 2024