Juniper Networks Inc (JNPR)
Return on equity (ROE)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 310,200 | 471,000 | 252,700 | 257,800 | 345,000 |
| Total stockholders’ equity | US$ in thousands | 4,492,700 | 4,475,100 | 4,316,900 | 4,543,500 | 4,610,600 |
| ROE | 6.90% | 10.52% | 5.85% | 5.67% | 7.48% |
December 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $310,200K ÷ $4,492,700K
= 6.90%
Juniper Networks Inc's return on equity (ROE) has fluctuated over the past five years, as indicated by the data provided. In 2023, the ROE stands at 6.90%, a decrease from the previous year's 10.52%. This downward trend suggests that the company's ability to generate profits from shareholders' equity has diminished. Comparing the ROE of 2023 to that of 2019 shows a slight decrease, indicating a potential long-term decline in performance despite some fluctuations in between. Further analysis of the company's financial strategies and operational efficiencies may be warranted to identify factors contributing to the variations in ROE and to determine opportunities for improvement.
Peer comparison
Dec 31, 2023