Hewlett Packard Enterprise Co (HPE)
Return on equity (ROE)
| Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,579,000 | 1,855,000 | 1,807,000 | 1,911,000 | 2,025,000 | 1,079,000 | 1,024,000 | 856,000 | 868,000 | 3,725,000 | 3,708,000 | 3,717,000 | 3,427,000 | 1,031,000 | 648,000 | -432,000 | -322,000 | 1,000 | -35,000 | 1,205,000 |
| Total stockholders’ equity | US$ in thousands | 24,816,000 | 22,077,000 | 21,680,000 | 21,416,000 | 21,182,000 | 20,622,000 | 20,366,000 | 20,011,000 | 19,864,000 | 20,611,000 | 20,532,000 | 20,318,000 | 19,971,000 | 17,020,000 | 16,560,000 | 16,212,000 | 16,049,000 | 16,155,000 | 16,210,000 | 17,189,000 |
| ROE | 10.39% | 8.40% | 8.33% | 8.92% | 9.56% | 5.23% | 5.03% | 4.28% | 4.37% | 18.07% | 18.06% | 18.29% | 17.16% | 6.06% | 3.91% | -2.66% | -2.01% | 0.01% | -0.22% | 7.01% |
October 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $2,579,000K ÷ $24,816,000K
= 10.39%
ROE, or return on equity, is a key financial ratio that measures a company's profitability by calculating how efficiently it generates profit from its shareholder's equity. Hewlett Packard Enterprise Co's ROE fluctuated over the period analyzed.
The ROE ranged from negative values in some quarters to double-digit positive figures in others. The ROE reached a peak of 18.29% in April 2022, indicating that the company generated a significant return for its shareholders during that period. However, it decreased in subsequent quarters, with the lowest being -2.66% in January 2021 and -2.01% in April 2021, reflecting periods of lower profitability relative to shareholders' equity.
Overall, the ROE trend indicates variability in Hewlett Packard Enterprise Co's ability to generate profits from shareholder investments over the analyzed period. This could be influenced by factors such as changes in the company's operating performance, financial structure, or market conditions. Further analysis is recommended to understand the drivers behind these fluctuations and assess the company's long-term profitability prospects.
Peer comparison
Oct 31, 2024
See also:
Hewlett Packard Enterprise Co Return on Equity (ROE) (Quarterly Data)