N-Able Inc (NABL)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 30,958 | 23,412 | 16,707 | 113 | -7,158 |
| Total stockholders’ equity | US$ in thousands | 759,288 | 711,360 | 642,071 | 618,355 | 631,197 |
| ROE | 4.08% | 3.29% | 2.60% | 0.02% | -1.13% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $30,958K ÷ $759,288K
= 4.08%
Based on the data provided for N-Able Inc's return on equity (ROE) from 2020 to 2024, we can observe a steady improvement in the ROE performance over the years.
In 2020, the company reported a negative ROE of -1.13%, indicating that the company's net income was not sufficient to cover the shareholders' equity. However, by 2021, the ROE improved slightly to 0.02%, showing a move towards positive territory.
The trend continued in the following years, with the ROE increasing to 2.60% in 2022, 3.29% in 2023, and further to 4.08% in 2024. These consecutive increases suggest that N-Able Inc has been gradually enhancing its profitability in relation to the shareholders' equity.
Overall, the positive trend in ROE signals an improvement in the efficiency of the company in generating profits from the shareholders' investments. This indicates a positive outlook for N-Able Inc regarding its ability to generate value for its shareholders over the years analyzed.
Peer comparison
Dec 31, 2024