Gen Digital Inc. (GEN)
Return on equity (ROE)
Mar 31, 2025 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 643,000 | 635,000 | 620,000 | 608,000 | 614,000 | 1,395,000 | 1,416,000 | 1,336,000 | 1,349,000 | 554,000 | 591,000 | 855,000 | 836,000 | 910,000 | 886,000 | 617,000 | 554,000 | 591,000 | 3,258,000 | 3,979,000 |
Total stockholders’ equity | US$ in thousands | 2,269,000 | 2,151,000 | 2,098,000 | 1,970,000 | 2,197,000 | 2,418,000 | 2,414,000 | 2,337,000 | 2,200,000 | 1,310,000 | 1,698,000 | -299,000 | -93,000 | -98,000 | -232,000 | -497,000 | -500,000 | -492,000 | -476,000 | -503,000 |
ROE | 28.34% | 29.52% | 29.55% | 30.86% | 27.95% | 57.69% | 58.66% | 57.17% | 61.32% | 42.29% | 34.81% | — | — | — | — | — | — | — | — | — |
March 31, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $643,000K ÷ $2,269,000K
= 28.34%
Gen Digital Inc.'s Return on Equity (ROE) has shown fluctuation over the past few years. From September 2022 to March 2023, the ROE experienced significant growth, peaking at 61.32%. This indicates efficient utilization of equity to generate profits during that period. However, there was a slight decline in ROE by June 2023, followed by relatively stable figures around 57% until September 2024.
From December 2024 to March 2025, there was a continuous decrease in ROE, reaching 28.34%. This could be a concerning trend as it signifies a lower return on shareholders' equity, raising questions about the company's profitability and efficiency in generating earnings relative to its equity base.
Further analysis into the reasons behind these fluctuations and the company's strategies to improve ROE would provide more insights into Gen Digital Inc.'s financial performance and prospects.
Peer comparison
Mar 31, 2025