ODP Corp (ODP)
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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 11,000 | -37,000 | -25,000 | 82,000 | 139,000 | 212,000 | 209,000 | 202,000 | 185,000 | -125,000 | -91,000 | -206,000 | -208,000 | 84,000 | 40,000 | -311,000 | -319,000 | -282,000 | -279,000 | 136,000 |
| Total stockholders’ equity | US$ in thousands | 807,000 | 856,000 | 893,000 | 1,069,000 | 1,101,000 | 1,155,000 | 1,161,000 | 1,148,000 | 1,287,000 | 1,499,000 | 1,513,000 | 1,492,000 | 1,438,000 | 1,862,000 | 1,841,000 | 1,960,000 | 1,880,000 | 1,795,000 | 1,717,000 | 2,135,000 |
| ROE | 1.36% | -4.32% | -2.80% | 7.67% | 12.62% | 18.35% | 18.00% | 17.60% | 14.37% | -8.34% | -6.01% | -13.81% | -14.46% | 4.51% | 2.17% | -15.87% | -16.97% | -15.71% | -16.25% | 6.37% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $11,000K ÷ $807,000K
= 1.36%
The return on equity (ROE) of ODP Corp has shown a fluctuating trend over the last few quarters. Starting from March 31, 2020, with a ROE of 6.37%, the company experienced negative ROE figures in various quarters up until June 30, 2021. This period of negative ROE may indicate inefficiency in generating profits relative to shareholder equity.
From June 30, 2021, the company's ROE turned positive, reaching its peak at 18.35% on September 30, 2023. This significant improvement suggests that the company managed to enhance its profitability and efficiently utilized shareholder equity during this period.
However, the ROE saw a slight decline in the following quarters, ending at 1.36% on December 31, 2024. Although the ROE decreased from its peak, the positive ROE signals that the company was able to generate profits from shareholder investments during this period.
Overall, the ROE trend of ODP Corp indicates a mix of challenges and achievements in effectively utilizing shareholder funds to generate profits, showcasing improvements in profitability, followed by some fluctuations in performance over the quarters analyzed.
Peer comparison
Dec 31, 2024