NetScout Systems Inc (NTCT)

Return on equity (ROE)

		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	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019
Net income (ttm)	US$ in thousands	-147,734	-118,536	66,659	62,580	59,648	54,463	49,570	40,083	35,874	55,717	37,013	25,431	19,352	15,251	22,955	9,169	-2,754	9,121	-31,207	-40,163
Total stockholders’ equity	US$ in thousands	1,892,060	1,903,900	2,039,670	2,031,210	2,029,650	2,005,150	1,937,650	1,906,890	2,060,400	2,047,590	1,999,000	2,002,960	2,005,780	1,978,240	1,939,320	1,929,820	1,937,920	1,962,810	1,940,260	2,011,440
ROE		-7.81%	-6.23%	3.27%	3.08%	2.94%	2.72%	2.56%	2.10%	1.74%	2.72%	1.85%	1.27%	0.96%	0.77%	1.18%	0.48%	-0.14%	0.46%	-1.61%	-2.00%

March 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-147,734K ÷ $1,892,060K
= -7.81%

NetScout Systems Inc's return on equity (ROE) has shown fluctuating trends over the disclosed periods. The company's ROE ranged from -7.81% to 3.27% during the most recent reporting periods. The negative ROE figures indicate that the company's net income was insufficient to generate a positive return on shareholders' equity. However, the positive ROE values in some periods suggest that NetScout Systems Inc was able to generate some profit relative to its shareholders' equity.

The downward trend in ROE from March 2022 to March 2024 may raise concerns about the company's ability to efficiently utilize equity investments to generate profits. It is essential for NetScout Systems Inc to focus on improving its profitability and managing its equity structure effectively to enhance ROE in the future. Further analysis of the company's financial statements and business operations would be needed to understand the underlying reasons for these fluctuations in ROE.