KLA-Tencor Corporation (KLAC)
Return on equity (ROE)
| Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,761,896 | 2,610,104 | 2,706,400 | 3,102,661 | 3,387,276 | 3,507,996 | 3,540,731 | 3,279,380 | 3,321,810 | 3,149,414 | 2,986,338 | 2,726,145 | 2,078,292 | 1,856,567 | 1,367,523 | 1,290,827 | 1,216,785 | 1,023,377 | 1,137,653 | 1,126,198 |
| Total stockholders’ equity | US$ in thousands | 3,368,330 | 3,094,880 | 3,043,710 | 2,990,220 | 2,919,750 | 2,682,780 | 2,603,260 | 2,102,070 | 1,401,350 | 4,080,310 | 4,048,530 | 3,860,930 | 3,377,550 | 3,114,860 | 2,935,180 | 2,747,180 | 2,665,420 | 2,307,430 | 2,669,760 | 2,661,160 |
| ROE | 82.00% | 84.34% | 88.92% | 103.76% | 116.01% | 130.76% | 136.01% | 156.01% | 237.04% | 77.19% | 73.76% | 70.61% | 61.53% | 59.60% | 46.59% | 46.99% | 45.65% | 44.35% | 42.61% | 42.32% |
June 30, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $2,761,896K ÷ $3,368,330K
= 82.00%
The return on equity (ROE) for KLA-Tencor Corporation has shown fluctuations over the past few quarters. The ROE increased significantly from 42.32% in Q4 2019 to a peak of 237.04% in Q2 2022, indicating a period of strong profitability and efficient use of shareholders' equity by the company.
However, the ROE has since fluctuated, reaching a low of 42.61% in Q2 2022 before rebounding to 88.92% in Q4 2023. This fluctuation may indicate varying levels of profitability, asset management, and leverage strategies employed by the company during these periods.
The latest ROE of 82.00% in Q2 2024 shows a slight decrease from the previous quarter but remains at a relatively high level, suggesting that the company continues to generate a strong return on the equity invested by shareholders.
Overall, KLA-Tencor Corporation's ROE has demonstrated both strong performance and volatility in recent quarters, reflecting the company's ability to efficiently utilize shareholders' equity to generate profits. It will be important to monitor future trends to assess the company's financial health and performance sustainability.
Peer comparison
Jun 30, 2024
See also:
KLA-Tencor Corporation Return on Equity (ROE) (Quarterly Data)