Intuitive Surgical Inc (ISRG)

Return on equity (ROE)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	2,322,600	1,798,000	1,322,300	1,704,600	1,060,600
Total stockholders’ equity	US$ in thousands	16,433,700	13,307,600	11,041,900	11,901,100	9,731,500
ROE		14.13%	13.51%	11.98%	14.32%	10.90%

December 31, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $2,322,600K ÷ $16,433,700K
= 14.13%

Intuitive Surgical Inc's return on equity (ROE) has shown a generally positive trend over the years.

- In December 31, 2020, the ROE was 10.90%, indicating that for every dollar of shareholder equity, the company generated a return of 10.90%.
- By December 31, 2021, the ROE improved to 14.32%, reflecting increased efficiency in utilizing shareholder equity to generate profits.
- However, in December 31, 2022, there was a slight decline in ROE to 11.98%, potentially signaling challenges or changes in the company's financial performance.
- The trend reversed in December 31, 2023, with an ROE of 13.51%, showing a recovery and improved performance.
- Finally, as of December 31, 2024, the ROE further increased to 14.13%, indicating the company's ability to generate higher returns on shareholder equity.

Overall, the fluctuation in ROE suggests some variability in the company's financial performance and efficiency in generating profits from shareholder investments. It is essential for stakeholders to monitor these changes to assess the company's long-term sustainability and growth prospects.