NVIDIA Corporation (NVDA)
Return on equity (ROE)
| Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Oct 25, 2020 | Jul 26, 2020 | Apr 26, 2020 | Jan 26, 2020 | Oct 27, 2019 | Jul 28, 2019 | Apr 28, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 29,759,000 | 18,888,000 | 10,325,000 | 4,793,000 | 4,368,000 | 5,957,000 | 7,741,000 | 9,459,000 | 9,753,000 | 8,207,000 | 7,079,000 | 5,327,000 | 4,332,000 | 3,825,000 | 3,388,000 | 3,318,000 | 2,795,000 | 2,412,000 | 2,743,000 | 3,292,000 |
| Total stockholders’ equity | US$ in thousands | 42,978,000 | 33,265,000 | 27,501,000 | 24,520,000 | 22,101,000 | 21,349,000 | 23,851,000 | 26,320,000 | 26,612,000 | 23,798,000 | 21,147,000 | 18,774,000 | 16,893,000 | 15,334,000 | 13,914,000 | 13,099,000 | 12,204,000 | 11,214,000 | 10,336,000 | 9,704,000 |
| ROE | 69.24% | 56.78% | 37.54% | 19.55% | 19.76% | 27.90% | 32.46% | 35.94% | 36.65% | 34.49% | 33.48% | 28.37% | 25.64% | 24.94% | 24.35% | 25.33% | 22.90% | 21.51% | 26.54% | 33.92% |
January 28, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $29,759,000K ÷ $42,978,000K
= 69.24%
NVIDIA Corp's return on equity (ROE) has displayed fluctuating trends over the past eight quarters. The ROE gradually increased from 19.76% in Q4 2023 to 69.24% in Q4 2024, indicating a significant improvement in the company's ability to generate profits from shareholders' equity.
However, this increase was not consistent, as there were fluctuations in ROE levels in the intervening quarters. The highest ROE was achieved in Q4 2024 at 69.24%, while the lowest was recorded in Q1 2024 at 19.55%.
Overall, NVIDIA Corp's ROE has shown a generally positive trend, with a long-term average that appears to be on an upward trajectory. However, further analysis is recommended to understand the factors contributing to the fluctuations in ROE and to assess the sustainability of this trend.
Peer comparison
Jan 28, 2024