Impinj Inc (PI)
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 | 40,838 | 28,348 | 12,365 | -5,664 | -43,366 | -28,304 | -14,741 | -18,198 | -24,301 | -44,197 | -54,922 | -52,305 | -51,260 | -46,963 | -48,385 | -57,013 | -51,923 | -43,886 | -33,621 | -20,245 |
| Total stockholders’ equity | US$ in thousands | 149,864 | 136,099 | 116,972 | 85,923 | 34,131 | 34,800 | 36,795 | 26,621 | 15,591 | 2,061 | -11,259 | -6,289 | -11,076 | 89,278 | 88,771 | 86,375 | 109,119 | 109,428 | 116,250 | 128,219 |
| ROE | 27.25% | 20.83% | 10.57% | -6.59% | -127.06% | -81.33% | -40.06% | -68.36% | -155.87% | -2,144.44% | — | — | — | -52.60% | -54.51% | -66.01% | -47.58% | -40.10% | -28.92% | -15.79% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $40,838K ÷ $149,864K
= 27.25%
Impinj Inc's return on equity (ROE) has exhibited significant fluctuations over the period from March 31, 2020, to December 31, 2024. The company reported negative ROE figures for most of the quarters during this period, indicating that its net income was insufficient to generate a positive return for equity holders. The ROE declined steadily from -15.79% in March 2020 to a low of -127.06% in December 2023, highlighting challenges in profitability and operational efficiency.
In the subsequent quarters, there was a noticeable improvement in Impinj's ROE performance. The company managed to achieve positive ROE figures starting from March 31, 2024, signaling a potential turnaround in its financial performance. The ROE increased from -6.59% in March 2024 to 27.25% in December 2024, suggesting that the company's profitability and efficiency measures were beginning to yield positive results.
It is essential for investors and stakeholders to monitor Impinj Inc's ROE closely to assess the sustainability of this positive trend and evaluate the company's ability to generate returns on shareholders' equity effectively in the future.
Peer comparison
Dec 31, 2024