Pure Storage Inc (PSTG)
Return on equity (ROE)
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 4, 2024 | Jan 31, 2024 | Nov 5, 2023 | Oct 31, 2023 | Aug 6, 2023 | Jul 31, 2023 | Apr 30, 2023 | Feb 5, 2023 | Jan 31, 2023 | Nov 6, 2022 | Oct 31, 2022 | Aug 7, 2022 | Jul 31, 2022 | May 8, 2022 | Apr 30, 2022 | Feb 6, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 106,739 | 129,742 | 131,541 | 166,256 | 271,654 | 199,101 | 126,548 | -11,242 | -7,160 | 74,426 | 80,754 | 147,368 | 83,819 | 20,270 | 9,522 | -1,226 | 2,795 | 6,816 | -10,380 | -44,110 |
| Total stockholders’ equity | US$ in thousands | 1,306,480 | 1,410,590 | 1,453,160 | 1,373,970 | 1,270,090 | 1,270,090 | 1,148,460 | 1,148,460 | 986,328 | 986,328 | 905,807 | 941,233 | 941,233 | 840,508 | 840,508 | 761,358 | 761,358 | 727,094 | 727,094 | 754,336 |
| ROE | 8.17% | 9.20% | 9.05% | 12.10% | 21.39% | 15.68% | 11.02% | -0.98% | -0.73% | 7.55% | 8.92% | 15.66% | 8.91% | 2.41% | 1.13% | -0.16% | 0.37% | 0.94% | -1.43% | -5.85% |
January 31, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $106,739K ÷ $1,306,480K
= 8.17%
The return on equity (ROE) of Pure Storage Inc has shown fluctuations over the periods indicated. From February 6, 2022, to January 31, 2025, the ROE ranged from negative percentages to double-digit positive percentages. The ROE improved over time, displaying a general upward trend, with some periodic variations. It reached its lowest point of -5.85% on February 6, 2022, and its highest point of 21.39% on February 4, 2024. This trend indicates the company's ability to generate profit from shareholders' equity, reflecting improvements in operational efficiency and profitability. The positive ROE percentages in the later periods suggest that Pure Storage Inc efficiently utilized its equity to generate returns for its shareholders, demonstrating a stronger financial performance over time.
Peer comparison
Jan 31, 2025