Lattice Semiconductor Corporation (LSCC)

Return on equity (ROE)

		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	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	259,061	212,268	204,839	198,727	178,882	155,501	135,881	118,088	100,823	88,280	74,148	58,038	47,392	45,390	46,322	44,252	43,493	22,385	15,820	-12,962
Total stockholders’ equity	US$ in thousands	692,020	626,170	574,761	514,974	487,163	441,731	435,921	421,555	411,633	392,900	397,315	391,585	384,427	376,893	364,130	342,959	327,659	309,645	295,177	281,155
ROE		37.44%	33.90%	35.64%	38.59%	36.72%	35.20%	31.17%	28.01%	24.49%	22.47%	18.66%	14.82%	12.33%	12.04%	12.72%	12.90%	13.27%	7.23%	5.36%	-4.61%

December 31, 2023 calculation

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

The return on equity (ROE) of Lattice Semiconductor Corporation has shown a fluctuating trend over the past several quarters. The ROE has varied between a low of -4.61% in March 2019 to a high of 38.59% in March 2023.

In general, the ROE has been improving over the past few quarters, indicating that the company is generating higher profits relative to its shareholders' equity. The upward trend in ROE suggests that Lattice Semiconductor has been effectively utilizing its equity to generate profits for its shareholders.

It is important to note that the ROE of Lattice Semiconductor Corporation was negative in the first quarter of 2019, indicating that the company was not generating sufficient profits to cover its shareholders' equity at that time. However, the company has since improved its financial performance, as evidenced by the positive ROE figures in more recent quarters.

Overall, the upward trend in ROE for Lattice Semiconductor Corporation reflects positively on the company's financial health and its ability to generate returns for its shareholders through efficient management of its equity.