Krystal Biotech Inc (KRYS)

Return on equity (ROE)

Dec 31, 2024 Sep 30, 2024 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
Net income (ttm) US$ in thousands 89,159 52,372 105,939 57,161 10,932 -29,812 -140,409 -135,307 -139,975 -129,729 -115,468 -103,723 -69,570 -58,147 -52,168 -42,638 -32,167 -27,141 -21,803 -20,318
Total stockholders’ equity US$ in thousands 946,380 885,846 838,893 799,242 778,641 755,948 653,114 489,566 522,231 540,772 559,181 548,554 593,576 408,237 418,540 430,652 292,084 301,720 309,696 198,369
ROE 9.42% 5.91% 12.63% 7.15% 1.40% -3.94% -21.50% -27.64% -26.80% -23.99% -20.65% -18.91% -11.72% -14.24% -12.46% -9.90% -11.01% -9.00% -7.04% -10.24%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $89,159K ÷ $946,380K
= 9.42%

The Return on Equity (ROE) for Krystal Biotech Inc has shown a fluctuating trend over the past few years. The company experienced negative ROE values ranging from -10.24% to -27.64% during the period from March 2020 to June 2023. This indicates that the company was not efficiently utilizing shareholders' equity to generate profits during this period.

However, from September 2023 onwards, the ROE started to improve, with positive values of 1.40% in December 2023, reaching 9.42% by December 2024. This turnaround suggests that Krystal Biotech Inc has been more successful in using equity capital to generate profits for shareholders in recent quarters.

Overall, the improvement in ROE from negative to positive values indicates a positive shift in the company's profitability and efficiency in utilizing shareholders' equity. Further monitoring and analysis of ROE will be essential to assess the company's ongoing financial performance and effectiveness in generating returns for its shareholders.