N-Able Inc (NABL)

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
Net income (ttm)	US$ in thousands	30,958	37,019	32,275	27,329	23,412	21,046	15,327	15,145	16,707	11,778	13,357	9,492	113	-11,885	-14,887	-12,125	-7,159
Total stockholders’ equity	US$ in thousands	759,288	764,951	724,370	709,062	711,360	674,680	668,907	656,195	642,071	594,132	605,994	618,555	618,355	617,907	633,275	614,732	631,197
ROE		4.08%	4.84%	4.46%	3.85%	3.29%	3.12%	2.29%	2.31%	2.60%	1.98%	2.20%	1.53%	0.02%	-1.92%	-2.35%	-1.97%	-1.13%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $30,958K ÷ $759,288K
= 4.08%

N-Able Inc's return on equity (ROE) has shown a positive trend over the analyzed periods, starting from negative values in December 2020 to reaching a peak of 4.84% by September 2024. This indicates that the company has been efficiently utilizing shareholder equity to generate profits and create value for its investors.

The gradual increase in ROE signifies an improvement in the company's profitability and operational efficiency over time. It suggests that N-Able Inc is effectively managing its assets and liabilities to generate higher returns for its shareholders.

However, it is important to note that the ROE values are relatively low, even at the peak of 4.84% in September 2024. This could indicate that the company may still have room for further enhancement in its profitability and efficiency in utilizing equity.

Overall, the positive trend in ROE for N-Able Inc is a positive sign of the company's ability to generate returns for its shareholders and improve its financial performance over the analyzed periods.