Lattice Semiconductor Corporation (LSCC)
Return on equity (ROE)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 61,131 | 259,061 | 178,882 | 95,922 | 47,392 |
Total stockholders’ equity | US$ in thousands | 710,932 | 692,020 | 487,163 | 411,633 | 384,427 |
ROE | 8.60% | 37.44% | 36.72% | 23.30% | 12.33% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $61,131K ÷ $710,932K
= 8.60%
Based on the data provided, Lattice Semiconductor Corporation's return on equity (ROE) has shown a fluctuating trend over the past five years.
- In December 31, 2020, the ROE stood at 12.33%, indicating a moderate return on equity at the beginning of the period.
- The ROE then significantly increased to 23.30% by December 31, 2021, showing an improvement in the company's ability to generate profit from shareholders' equity.
- By December 31, 2022, the ROE continued to rise to 36.72%, signaling a continued strong performance in utilizing equity to generate profits.
- There was a slight increase in ROE to 37.44% by December 31, 2023, demonstrating sustained high profitability relative to shareholders' equity.
- However, by December 31, 2024, the ROE dropped to 8.60%, representing a significant decline in the company's ability to generate profit from shareholders' equity compared to the previous year.
Overall, Lattice Semiconductor Corporation's ROE has shown mixed performance over the five-year period, with periods of strong profitability and some fluctuations in returns. It would be important to further investigate the reasons behind the decline in ROE in 2024 to understand the factors impacting the company's profitability and efficiency in utilizing shareholders' equity.
Peer comparison
Dec 31, 2024