LivaNova PLC (LIVN)
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 | 63,234 | 23,682 | -16,589 | -31,767 | 17,546 | 2,868 | -97,158 | -81,869 | -86,246 | -93,034 | -29,133 | -102,064 | -135,818 | -411,741 | -383,112 | -416,040 | -348,819 | -210,999 | -164,067 | -103,867 |
| Total stockholders’ equity | US$ in thousands | 1,320,260 | 1,310,040 | 1,242,540 | 1,221,540 | 1,277,630 | 1,225,470 | 1,240,610 | 1,227,340 | 1,207,620 | 1,146,960 | 1,282,000 | 1,291,850 | 1,294,640 | 1,299,500 | 1,028,670 | 1,055,130 | 1,109,260 | 1,350,790 | 1,333,190 | 1,392,710 |
| ROE | 4.79% | 1.81% | -1.34% | -2.60% | 1.37% | 0.23% | -7.83% | -6.67% | -7.14% | -8.11% | -2.27% | -7.90% | -10.49% | -31.68% | -37.24% | -39.43% | -31.45% | -15.62% | -12.31% | -7.46% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $63,234K ÷ $1,320,260K
= 4.79%
LivaNova PLC's return on equity (ROE) has witnessed a fluctuating trend over the past few years. Starting from negative figures in March 2020 with -7.46%, the ROE deteriorated further by June 2020 to -12.31%, September 2020 to -15.62%, and December 2020 to -31.45%. The negative trend continued into the following year, reaching its lowest point in March 2021 at -39.43% and June 2021 at -37.24%.
However, there was a slight improvement in the ROE by September 2021, showing -31.68%, and further recovery by the end of December 2021, recording -10.49%. The positive momentum continued into the first half of 2022, with a ROE of -7.90% in March and -2.27% in June.
By September 2022 and December 2022, the ROE experienced a slight decline again with figures of -8.11% and -7.14%, respectively. Nonetheless, there was a noticeable positive shift in performance by March 2023 and June 2023, showing -6.67% and -7.83%, gradually moving towards positive territory.
The turning point came in September 2023, with a ROE of 0.23%, signifying a return to profitability, which was further strengthened by the end of December 2023, reaching 1.37%. This positive trend persisted, with the ROE standing at -2.60% in March 2024, showing signs of recovery, and further improvement by June 2024 and September 2024, posting -1.34% and 1.81%, respectively.
By the end of December 2024, LivaNova PLC's ROE had significantly increased to 4.79%, reflecting a robust performance and a positive outlook for the company's profitability and efficiency in utilizing shareholder equity to generate returns.
Peer comparison
Dec 31, 2024