Juniper Networks Inc (JNPR)
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 | 310,200 | 366,300 | 411,700 | 500,700 | 471,000 | 423,500 | 390,900 | 339,500 | 252,700 | 150,600 | 207,100 | 206,300 | 257,800 | 395,400 | 349,300 | 334,300 | 345,000 | 368,800 | 493,300 | 563,600 |
Total stockholders’ equity | US$ in thousands | 4,492,700 | 4,331,200 | 4,354,900 | 4,435,200 | 4,475,100 | 4,338,100 | 4,248,700 | 4,266,900 | 4,316,900 | 4,383,800 | 4,340,900 | 4,429,600 | 4,543,500 | 4,560,800 | 4,464,300 | 4,390,700 | 4,610,600 | 4,642,400 | 4,591,200 | 4,851,200 |
ROE | 6.90% | 8.46% | 9.45% | 11.29% | 10.52% | 9.76% | 9.20% | 7.96% | 5.85% | 3.44% | 4.77% | 4.66% | 5.67% | 8.67% | 7.82% | 7.61% | 7.48% | 7.94% | 10.74% | 11.62% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $310,200K ÷ $4,492,700K
= 6.90%
The return on equity (ROE) of Juniper Networks Inc has displayed fluctuating trends over the past eight quarters. In the most recent quarter, Q4 2023, the ROE was 6.90%, showing a decrease compared to the previous quarter. Despite this decrease, the ROE has generally been above 7% over the period, indicating the company's ability to generate profits from shareholders' equity. The highest ROE was recorded in Q1 2023 at 11.29%, suggesting strong profitability relative to shareholders' investment. Overall, the company's ROE performance has shown variability, possibly influenced by factors such as revenue growth, operational efficiency, and capital structure. It will be important to monitor future trends to assess the company's ability to effectively utilize shareholder equity in generating returns.
Peer comparison
Dec 31, 2023