HP Inc (HPQ)
Return on equity (ROE)
| 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 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 3,416,000 | 3,263,000 | 2,266,000 | 2,622,000 | 2,549,000 | 3,132,000 | 6,292,000 | 6,278,000 | 6,525,000 | 6,541,000 | 4,072,000 | 3,698,000 | 3,234,000 | 2,844,000 | 2,564,000 | 3,009,000 | 3,027,000 | 3,152,000 | 4,215,000 | 3,916,000 |
| Total stockholders’ equity | US$ in thousands | -1,640,000 | -1,069,000 | -2,245,000 | -2,593,000 | -3,827,000 | -3,025,000 | -2,376,000 | -1,960,000 | -2,328,000 | -1,644,000 | -3,942,000 | -3,360,000 | -3,235,000 | -2,275,000 | -1,986,000 | -743,000 | -1,634,000 | -1,193,000 | -1,131,000 | -1,487,000 |
| ROE | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
January 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $3,416,000K ÷ $-1,640,000K
= —
I'm sorry, but it seems that the table provided does not include the Return on Equity (ROE) for HP Inc for the specified periods. In order to analyze HP Inc's ROE, we would need the ROE figures for those periods.
ROE is a measure that indicates how effectively a company is utilizing its shareholders' equity to generate profits. It is calculated by dividing net income by average shareholders' equity. A higher ROE suggests that the company is generating more profit with less net assets, which is usually viewed positively by investors.
If you can provide the ROE figures for HP Inc for the specific periods mentioned, I would be happy to help you analyze and interpret the trend and performance of ROE for the company.
Peer comparison
Jan 31, 2024