Impinj Inc (PI)
Return on equity (ROE)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 40,838 | -43,366 | -24,301 | -51,260 | -51,923 |
Total stockholders’ equity | US$ in thousands | 149,864 | 34,131 | 15,591 | -11,076 | 109,119 |
ROE | 27.25% | -127.06% | -155.87% | — | -47.58% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $40,838K ÷ $149,864K
= 27.25%
The return on equity (ROE) of Impinj Inc has shown significant fluctuations over the years. In 2020, the ROE was negative at -47.58%, indicating that the company's net income was insufficient to generate a positive return for its shareholders. In 2021, the ROE data is not available ("\u2014"), which may suggest incomplete or unavailable financial information.
The ROE worsened significantly in 2022 and 2023, with values of -155.87% and -127.06% respectively. These negative ROE figures indicate that the company was operating at a loss, with its net income not covering the equity invested by shareholders.
However, in 2024, there was a notable improvement as the ROE turned positive at 27.25%. This suggests that the company was able to generate a return exceeding its equity, indicating improved profitability and efficiency in the use of shareholder funds.
Overall, the fluctuating ROE trends of Impinj Inc reflect the company's varying financial performance and efficiency in utilizing shareholders' equity during the specified period. Further analysis of the company's financial statements and operational activities would be necessary to fully understand the reasons behind these changes.
Peer comparison
Dec 31, 2024