InterDigital Inc (IDCC)
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 | 358,614 | 264,592 | 278,343 | 190,462 | 214,069 | 207,391 | 181,672 | 180,958 | 93,693 | 83,163 | 87,169 | 67,718 | 55,295 | 32,067 | 29,623 | 50,256 | 44,801 | 59,905 | 38,355 | 23,847 |
| Total stockholders’ equity | US$ in thousands | 857,215 | 722,537 | 696,777 | 624,291 | 581,549 | 583,430 | 595,217 | 619,672 | 724,895 | 695,775 | 678,769 | 753,706 | 745,239 | 724,271 | 704,185 | 712,098 | 773,369 | 783,271 | 769,419 | 752,649 |
| ROE | 41.83% | 36.62% | 39.95% | 30.51% | 36.81% | 35.55% | 30.52% | 29.20% | 12.93% | 11.95% | 12.84% | 8.98% | 7.42% | 4.43% | 4.21% | 7.06% | 5.79% | 7.65% | 4.98% | 3.17% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $358,614K ÷ $857,215K
= 41.83%
InterDigital Inc's return on equity (ROE) has shown fluctuations over the past five years. The ROE increased from 3.17% as of March 31, 2020, to 41.83% as of December 31, 2024. There was a significant improvement in ROE between March 31, 2023, and December 31, 2024, where the ROE skyrocketed from 30.51% to 41.83%. This indicates that the company has been generating higher profits relative to shareholders' equity, reflecting improved efficiency in the utilization of equity to generate earnings. Overall, the trend in ROE shows positive growth and profitability for InterDigital Inc during the period under review.
Peer comparison
Dec 31, 2024