Penumbra Inc (PEN)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 14,012 | 90,954 | -2,002 | 2,623 | -19,257 |
| Total stockholders’ equity | US$ in thousands | 1,150,930 | 1,178,940 | 998,858 | 953,927 | 641,498 |
| ROE | 1.22% | 7.71% | -0.20% | 0.27% | -3.00% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $14,012K ÷ $1,150,930K
= 1.22%
Penumbra Inc's return on equity (ROE) has exhibited varying performance over the years based on the provided data.
In 2020, the company had a negative ROE of -3.00%, indicating that it generated a net loss in that year relative to its shareholder equity.
By the end of 2021, Penumbra's ROE slightly improved to 0.27%, suggesting a marginal return on equity profitability.
However, in 2022, the company's ROE deteriorated to -0.20%, falling back into negative territory, which can be a concerning sign for investors.
The performance rebounded significantly in 2023, with a notable ROE of 7.71%, indicating improved profitability and efficiency in generating returns for shareholders.
In 2024, the ROE stood at 1.22%, indicating a relatively lower return compared to 2023 but still showing profitability from shareholder's equity.
Overall, Penumbra Inc's ROE has shown fluctuations, with both negative and positive values, indicating a mixed performance in utilizing equity capital to generate profits for shareholders over the years analyzed.
Peer comparison
Dec 31, 2024