Science Applications International Corporation Common Stock (SAIC)
Return on equity (ROE)
| Feb 2, 2024 | Nov 3, 2023 | Aug 4, 2023 | May 5, 2023 | Feb 3, 2023 | Oct 28, 2022 | Jul 29, 2022 | Apr 29, 2022 | Jan 28, 2022 | Oct 29, 2021 | Jul 30, 2021 | Apr 30, 2021 | Jan 29, 2021 | Oct 30, 2020 | Jul 31, 2020 | May 1, 2020 | Jan 31, 2020 | Nov 1, 2019 | Aug 2, 2019 | May 3, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 477,000 | 512,000 | 499,000 | 325,000 | 300,000 | 269,000 | 260,000 | 269,000 | 277,000 | 296,000 | 285,000 | 254,000 | 209,000 | 207,000 | 202,000 | 208,000 | 227,000 | 158,000 | 151,000 | 143,000 |
| Total stockholders’ equity | US$ in thousands | 1,785,000 | 1,828,000 | 1,843,000 | 1,692,000 | 1,694,000 | 1,686,000 | 1,643,000 | 1,640,000 | 1,619,000 | 1,635,000 | 1,618,000 | 1,577,000 | 1,542,000 | 1,499,000 | 1,437,000 | 1,395,000 | 1,417,000 | 1,380,000 | 1,339,000 | 1,462,000 |
| ROE | 26.72% | 28.01% | 27.08% | 19.21% | 17.71% | 15.95% | 15.82% | 16.40% | 17.11% | 18.10% | 17.61% | 16.11% | 13.55% | 13.81% | 14.06% | 14.91% | 16.02% | 11.45% | 11.28% | 9.78% |
February 2, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $477,000K ÷ $1,785,000K
= 26.72%
Science Applications International Corporation's return on equity (ROE) has shown a positive trend over the past few quarters. The ROE has been consistently above 10%, indicating that the company is generating healthy returns for its shareholders.
The ROE peaked at 28.01% in November 2023, demonstrating strong profitability and effectiveness in utilizing shareholder equity to generate earnings. Though there was a slight decline in ROE in the subsequent quarters, it remained above 15%, indicating a stable performance.
The company's ability to maintain a ROE above 15% suggests efficient management of its assets and liabilities to generate profit. Investors may view this positively as it signifies the company's capacity to generate sustainable returns on the equity invested in the business.
Overall, based on the ROE data provided, Science Applications International Corporation Common Stock has shown a consistent and relatively strong performance in terms of generating returns for its shareholders.
Peer comparison
Feb 2, 2024