Intel Corporation (INTC)
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 | 1,689,000 | -1,644,000 | -922,000 | -2,857,000 | 8,014,000 | 13,301,000 | 19,105,000 | 24,620,000 | 19,868,000 | 21,102,000 | 18,555,000 | 18,599,000 | 20,899,000 | 21,947,000 | 23,661,000 | 22,735,000 | 21,048,000 | 19,338,000 | 19,746,000 | 20,573,000 |
| Total stockholders’ equity | US$ in thousands | 105,590,000 | 101,813,000 | 101,017,000 | 98,059,000 | 101,423,000 | 99,885,000 | 101,218,000 | 103,136,000 | 95,391,000 | 90,087,000 | 85,207,000 | 79,807,000 | 81,073,000 | 74,554,000 | 82,010,000 | 76,354,000 | 77,504,000 | 74,242,000 | 74,947,000 | 73,661,000 |
| ROE | 1.60% | -1.61% | -0.91% | -2.91% | 7.90% | 13.32% | 18.88% | 23.87% | 20.83% | 23.42% | 21.78% | 23.30% | 25.78% | 29.44% | 28.85% | 29.78% | 27.16% | 26.05% | 26.35% | 27.93% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,689,000K ÷ $105,590,000K
= 1.60%
Intel Corporation's return on equity (ROE) has shown fluctuations over the past few quarters. ROE is a measure of how effectively the company is generating profits from the shareholders' equity invested in the business. The trend in Intel's ROE indicates the company's ability to generate profits relative to its equity base.
In the most recent quarter, Intel reported an ROE of 1.60%, indicating a relatively low return on shareholders' equity. This decrease in ROE from the previous quarter's -1.61% suggests a decline in the company's profitability and efficiency in utilizing equity to generate earnings.
Looking back at the last few years, Intel's ROE has generally been positive, with occasional fluctuations. The peak ROE of 29.78% in March 2020 reflects a period of strong profitability compared to the more recent quarters. However, the recent downward trend in ROE raises concerns about Intel's ability to generate returns for shareholders in the current operating environment.
It is essential for investors and analysts to closely monitor Intel's ROE over time to assess the company's financial performance and management's ability to generate returns from the equity invested in the business. Fluctuations in ROE can be indicative of changes in profitability, efficiency, or risk management within the company, making it a key metric to evaluate the overall health and sustainability of Intel Corporation.
Peer comparison
Dec 31, 2023