InterDigital Inc (IDCC)
Return on equity (ROE)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 20,928 | 9,257 | 28,775 | 31,998 |
| Total stockholders’ equity | US$ in thousands | 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 | 761,557 | 782,106 | 788,898 | 812,806 |
| ROE | 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% | 2.75% | 1.18% | 3.65% | 3.94% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $214,069K ÷ $581,549K
= 36.81%
Interdigital Inc's return on equity (ROE) has shown a consistent uptrend over the past four quarters, with significant improvement compared to the same quarters of the previous year. In Q4 2023, the ROE reached 36.81%, indicating that the company generated $0.3681 in net income for each dollar of shareholder equity. This represents a strong performance and reflects the company's ability to efficiently utilize shareholder funds to generate profits. The steady increase in ROE over the last year demonstrates improving financial health and efficiency in generating returns for shareholders. It suggests that Interdigital Inc has been effectively managing its assets and liabilities to generate higher profits relative to its equity base. This trend is favorable and indicates that the company is on a positive trajectory in terms of profitability and financial performance. Further analysis of the company's operational and financial activities would provide additional insights into the factors driving this improved ROE performance.
Peer comparison
Dec 31, 2023