NXP Semiconductors NV (NXPI)

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	Dec 31, 2018
Net income (ttm)	US$ in thousands	2,797,000	2,822,000	2,773,000	2,745,000	2,787,000	2,667,000	2,448,000	2,175,000	1,871,000	1,578,000	1,037,000	426,000	52,000	-143,000	-12,000	478,000
Total stockholders’ equity	US$ in thousands	8,644,000	8,488,000	8,172,000	7,949,000	7,449,000	7,106,000	6,962,000	6,509,000	6,528,000	6,738,000	7,442,000	8,303,000	8,944,000	8,876,000	8,862,000	9,036,000	9,441,000	9,390,000	10,505,000
ROE		32.36%	33.25%	33.93%	34.53%	37.41%	37.53%	35.16%	33.42%	28.66%	23.42%	13.93%	5.13%	0.58%	-1.61%	-0.14%	5.29%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $2,797,000K ÷ $8,644,000K
= 32.36%

Over the past eight quarters, NXP Semiconductors NV has consistently demonstrated strong return on equity (ROE) ranging from 32.36% to 37.53%. The company's ROE has remained above 30% throughout the period, indicating its ability to generate significant profits from shareholders' equity.

Although there has been a slight decrease from the highest ROE of 37.53% in Q3 2022 to 32.36% in Q4 2023, the overall trend shows a relatively stable performance in terms of ROE.

The consistency in achieving ROE above 30% suggests that NXP Semiconductors NV efficiently utilizes its equity to generate earnings for its shareholders. This consistent performance in ROE reflects positively on the company's profitability and efficiency in managing its assets to generate returns for its investors.