Lattice Semiconductor Corporation (LSCC)

Return on equity (ROE)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	259,061	178,882	95,922	47,392	43,493
Total stockholders’ equity	US$ in thousands	692,020	487,163	411,633	384,427	327,659
ROE		37.44%	36.72%	23.30%	12.33%	13.27%

December 31, 2023 calculation

ROE = Net income ÷ Total stockholders’ equity
= $259,061K ÷ $692,020K
= 37.44%

Lattice Semiconductor Corporation's return on equity (ROE) has shown a positive trend over the past five years. The ROE has consistently increased from 13.27% in 2019 to 37.44% in 2023. This improvement indicates that the company has been effectively utilizing its shareholders' equity to generate profits.

The significant rise in ROE from 2021 to 2023, from 23.30% to 37.44%, suggests that Lattice Semiconductor has been successful in increasing its profitability and efficiency in utilizing its equity. This could be attributed to improved operational performance, effective cost management, or strategic financial decisions that have positively impacted the company's bottom line.

Overall, the trend in Lattice Semiconductor's ROE reflects positively on the company's financial performance and management efficiency.