Intel Corporation (INTC)
Return on equity (ROE)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,689,000 | 8,014,000 | 19,868,000 | 20,899,000 | 21,048,000 |
| Total stockholders’ equity | US$ in thousands | 105,590,000 | 101,423,000 | 95,391,000 | 81,073,000 | 77,504,000 |
| ROE | 1.60% | 7.90% | 20.83% | 25.78% | 27.16% |
December 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $1,689,000K ÷ $105,590,000K
= 1.60%
The return on equity (ROE) for Intel Corporation has exhibited a declining trend over the past five years, decreasing from 27.16% in 2019 to 1.60% in 2023. This decline suggests a decreasing ability of the company to generate profit relative to its shareholders' equity. In 2021, Intel had a relatively high ROE of 20.83%, indicating strong profitability in that year. However, the ROE dropped significantly in the following years, highlighting potential concerns regarding the company's operational efficiency, financial leverage, or net income generation. Further analysis of Intel's financial performance and operational strategies may be required to identify the factors contributing to this downward trend in return on equity.
Peer comparison
Dec 31, 2023