InterDigital Inc (IDCC)
Return on equity (ROE)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 358,614 | 214,069 | 93,693 | 55,295 | 44,801 |
Total stockholders’ equity | US$ in thousands | 857,215 | 581,549 | 724,895 | 745,239 | 773,369 |
ROE | 41.83% | 36.81% | 12.93% | 7.42% | 5.79% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $358,614K ÷ $857,215K
= 41.83%
InterDigital Inc's return on equity (ROE) has shown a positive trend over the past five years, reflecting increased efficiency in generating profits from shareholders' equity. The ROE has increased from 5.79% in December 2020 to 41.83% in December 2024. This significant improvement indicates that the company has been effectively utilizing its shareholders' equity to generate higher returns. The notable spike in ROE from 2023 to 2024, jumping from 36.81% to 41.83%, suggests a substantial improvement in the company's profitability and operational efficiency. Overall, InterDigital Inc's ROE trend demonstrates a positive trajectory, indicating a favorable performance in generating returns for its shareholders.
Peer comparison
Dec 31, 2024