Inspire Medical Systems Inc (INSP)
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 | 53,509 | 33,048 | 6,011 | -15,734 | -21,153 | -32,766 | -41,073 | -43,611 | -44,881 | -50,422 | -43,922 | -42,520 | -42,042 | -47,135 | -47,173 | -57,174 | -57,203 | -58,799 | -56,661 | -41,222 |
| Total stockholders’ equity | US$ in thousands | 689,695 | 696,562 | 638,071 | 589,024 | 572,514 | 544,180 | 529,359 | 504,648 | 496,008 | 470,204 | 226,984 | 225,055 | 229,048 | 220,300 | 219,914 | 223,131 | 229,747 | 228,823 | 233,594 | 127,403 |
| ROE | 7.76% | 4.74% | 0.94% | -2.67% | -3.69% | -6.02% | -7.76% | -8.64% | -9.05% | -10.72% | -19.35% | -18.89% | -18.36% | -21.40% | -21.45% | -25.62% | -24.90% | -25.70% | -24.26% | -32.36% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $53,509K ÷ $689,695K
= 7.76%
Inspire Medical Systems Inc's return on equity (ROE) has shown a consistent improvement over the analyzed periods from March 31, 2020, to December 31, 2024. The company started with a negative ROE of -32.36% in March 2020, indicating that the company was not generating sustainable profits relative to its shareholder equity.
However, there was a gradual improvement in ROE performance, with negative ROE figures decreasing quarter by quarter. By June 30, 2024, Inspire Medical Systems Inc achieved a positive ROE of 0.94%, signaling an improvement in the company's efficiency in utilizing shareholder equity to generate profits.
This positive trend further continued, with the ROE increasing to 7.76% by December 31, 2024, indicating that the company's profitability relative to its shareholder investment improved significantly over the analyzed period. This upward trajectory in ROE suggests that Inspire Medical Systems Inc has been able to enhance its profitability and operational efficiency, which may be positively received by investors and stakeholders.
Peer comparison
Dec 31, 2024