Insulet Corporation (PODD)
Return on equity (ROE)
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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 206,300 | 120,000 | 62,900 | 600 | 4,600 | 16,800 | 34,600 | 44,600 | 16,800 | -29,500 | -30,500 | 8,900 | 6,800 | 28,900 | 18,100 | 5,100 | 11,600 | 16,500 | 17,400 | 14,300 |
Total stockholders’ equity | US$ in thousands | 732,700 | 607,500 | 553,900 | 502,800 | 476,400 | 428,000 | 422,400 | 446,700 | 556,300 | 497,900 | 459,100 | 585,300 | 603,600 | 595,000 | 563,300 | 59,000 | 75,900 | 150,600 | 249,800 | 223,600 |
ROE | 28.16% | 19.75% | 11.36% | 0.12% | 0.97% | 3.93% | 8.19% | 9.98% | 3.02% | -5.92% | -6.64% | 1.52% | 1.13% | 4.86% | 3.21% | 8.64% | 15.28% | 10.96% | 6.97% | 6.40% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $206,300K ÷ $732,700K
= 28.16%
Insulet Corporation's return on equity (ROE) has shown a positive trend over the past few quarters. From a low of 0.12% in Q1 2023, the ROE has steadily increased to 28.16% in Q4 2023. This improvement indicates that the company has become more efficient in generating profits from shareholders' equity, reflecting positively on its overall financial performance and management effectiveness. The significant increase in ROE from Q1 2023 to Q4 2023 suggests that Insulet Corporation has been successful in leveraging its equity base to generate higher returns for its shareholders. It is important for investors and stakeholders to monitor ROE as it provides insights into a company's ability to generate profits from the capital invested by shareholders.
Peer comparison
Dec 31, 2023