Rambus Inc (RMBS)
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 | 333,904 | 291,308 | 189,049 | 55,189 | -14,310 | -24,154 | -21,417 | -45,271 | 18,334 | 174 | -16,239 | -36,545 | -40,471 | -35,292 | -39,886 | -67,726 | -87,763 | -82,905 | -170,467 | -148,844 |
Total stockholders’ equity | US$ in thousands | 1,038,100 | 955,566 | 945,558 | 761,729 | 779,297 | 749,884 | 838,158 | 793,126 | 862,396 | 847,843 | 830,588 | 909,406 | 912,706 | 965,828 | 972,730 | 971,597 | 975,373 | 961,283 | 973,226 | 999,887 |
ROE | 32.16% | 30.49% | 19.99% | 7.25% | -1.84% | -3.22% | -2.56% | -5.71% | 2.13% | 0.02% | -1.96% | -4.02% | -4.43% | -3.65% | -4.10% | -6.97% | -9.00% | -8.62% | -17.52% | -14.89% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $333,904K ÷ $1,038,100K
= 32.16%
Rambus Inc.'s return on equity (ROE) has shown a positive trend over the past eight quarters, with significant improvements in performance. The ROE increased steadily from negative figures in Q4 2022 and Q3 2022 to reach 32.16% in Q4 2023, indicating the company's ability to generate returns on its shareholders' equity. This consistent improvement suggests that Rambus Inc. has been effectively utilizing its shareholders' funds to generate profits. The growth in ROE demonstrates enhanced efficiency and profitability within the company, reflecting positively on its overall financial health and performance.
Peer comparison
Dec 31, 2023