KLA-Tencor Corporation (KLAC)
Return on equity (ROE)
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,761,900 | 3,387,280 | 3,321,810 | 2,078,290 | 1,216,780 |
| Total stockholders’ equity | US$ in thousands | 3,368,330 | 2,919,750 | 1,401,350 | 3,377,550 | 2,665,420 |
| ROE | 82.00% | 116.01% | 237.04% | 61.53% | 45.65% |
June 30, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $2,761,900K ÷ $3,368,330K
= 82.00%
Analyzing the return on equity (ROE) trend of KLA-Tencor Corporation over the past five years, there appears to be significant fluctuations.
In the most recent fiscal year ending June 30, 2024, the ROE stood at 82.00%, showing a decrease compared to the prior year. While still a healthy return, the downward trend may suggest challenges in generating profits relative to shareholder equity.
In the preceding years, the company demonstrated a high ROE, notably reaching 237.04% in June 30, 2022, and 116.01% in June 30, 2023. These exceptional ROE figures indicate that KLA-Tencor Corporation was able to efficiently utilize shareholder equity to generate substantial profits during those periods.
The drop in ROE from 2022 to 2024 could be attributed to various factors such as changes in the company's profitability, financial leverage, or asset management efficiency. Investors and stakeholders may need to closely monitor the company's strategies and financial performance to ensure sustainable returns in the future.
Peer comparison
Jun 30, 2024