IAC Inc. (IAC)
Return on equity (ROE)
| 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 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -539,897 | -13,170 | -159,989 | -106,802 | 265,942 | -74,818 | 251,897 | -534,457 | -1,193,125 | -1,161,379 | -1,038,906 | 24,697 | 583,611 | 1,074,000 | 1,200,267 | 915,946 | 269,726 | 175,724 | 7,273 | 117,179 |
| Total stockholders’ equity | US$ in thousands | 5,577,900 | 5,760,040 | 6,008,360 | 6,132,740 | 6,077,860 | 5,740,780 | 6,116,710 | 6,267,300 | 5,931,610 | 5,903,820 | 5,990,230 | 6,919,460 | 7,180,990 | 7,209,180 | 7,178,850 | 6,688,140 | 6,597,580 | 6,194,230 | 4,647,540 | 3,917,240 |
| ROE | -9.68% | -0.23% | -2.66% | -1.74% | 4.38% | -1.30% | 4.12% | -8.53% | -20.11% | -19.67% | -17.34% | 0.36% | 8.13% | 14.90% | 16.72% | 13.70% | 4.09% | 2.84% | 0.16% | 2.99% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-539,897K ÷ $5,577,900K
= -9.68%
IAC Inc.'s return on equity (ROE) experienced fluctuations over the periods under review. From March 31, 2020, to December 31, 2021, the ROE showed an upward trend, reaching a peak of 16.72% on June 30, 2021. This period could be considered relatively favorable for the company, with improving profitability and efficiency in generating returns for shareholders.
However, starting from March 31, 2022, the ROE began to decline and entered negative territory, indicating a diminished ability to generate profits from shareholders' equity. The negative ROE values persisted through the end of 2024, with fluctuations but no sustained recovery.
The negative ROE may be a cause of concern as it suggests that the company may not be efficiently utilizing shareholder funds to generate profits. It could indicate operational inefficiencies, financial difficulties, or other challenges faced by IAC Inc. It would be crucial for stakeholders to assess the underlying reasons for this downward trend and take necessary actions to address the issues affecting the company's profitability and overall financial health.
Peer comparison
Dec 31, 2024