ODP Corp (ODP)
Return on equity (ROE)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | -3,000 | 139,000 | 166,000 | 187,000 | -319,000 |
Total stockholders’ equity | US$ in thousands | 807,000 | 1,101,000 | 1,287,000 | 1,438,000 | 1,880,000 |
ROE | -0.37% | 12.62% | 12.90% | 13.00% | -16.97% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $-3,000K ÷ $807,000K
= -0.37%
ODP Corp's return on equity (ROE) experienced fluctuations over the five-year period as follows:
- In 2020, the ROE was negative at -16.97%, indicating the company generated a net loss in relation to its shareholders' equity.
- Subsequently, there was a significant improvement in 2021 with an ROE of 13.00%, reflecting a favorable return for shareholders on their equity investment.
- The ROE remained relatively stable in 2022 and 2023, at 12.90% and 12.62% respectively, showing consistent profitability compared to the equity.
- However, there was a slight decrease in 2024, with the ROE dropping to -0.37%, suggesting a dip in the company's ability to generate profit relative to shareholders' equity.
Overall, despite the fluctuations, ODP Corp demonstrated varying levels of profitability relative to shareholders' equity over the five-year period, with a notable improvement in 2021 followed by some volatility in subsequent years.
Peer comparison
Dec 31, 2024