EchoStar Corporation (SATS)
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 | -191,859 | -2,272,592 | -2,040,841 | -1,824,093 | -1,687,676 | 107,171 | 111,948 | 111,264 | 173,656 | 47,961 | 58,967 | 85,789 | 72,875 | 149,340 | 141,371 | 92,664 | -40,150 | -93,385 | -137,134 | -131,414 |
| Total stockholders’ equity | US$ in thousands | 20,191,400 | 19,442,900 | 19,573,000 | 19,777,200 | 19,880,200 | 3,573,400 | 3,574,120 | 3,546,080 | 3,502,620 | 3,439,330 | 3,398,230 | 3,446,200 | 3,353,830 | 3,462,910 | 3,510,610 | 3,494,110 | 3,542,330 | 3,554,560 | 3,525,840 | 3,547,350 |
| ROE | -0.95% | -11.69% | -10.43% | -9.22% | -8.49% | 3.00% | 3.13% | 3.14% | 4.96% | 1.39% | 1.74% | 2.49% | 2.17% | 4.31% | 4.03% | 2.65% | -1.13% | -2.63% | -3.89% | -3.70% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-191,859K ÷ $20,191,400K
= -0.95%
The return on equity (ROE) of EchoStar Corporation has shown fluctuating trends over the past few years, ranging from negative to positive figures. From March 31, 2020, to December 31, 2024, the ROE has varied significantly, starting at negative levels and gradually improving before declining once again at the end of the period.
The ROE was initially negative in early 2020, indicating that the company's net income was insufficient to generate a positive return relative to shareholder equity. However, the ROE turned positive by March 31, 2021, and continued to increase until reaching a peak of 4.96% on December 31, 2022.
Subsequently, the ROE started to decline from the end of 2022, reaching negative territory again by the end of December 31, 2024. The negative ROE values in the latter part of the period suggest that EchoStar Corporation may have experienced challenges in generating profits relative to the equity invested by shareholders.
Overall, the erratic performance of EchoStar Corporation's ROE indicates fluctuations in the company's profitability and efficiency in utilizing shareholder equity during the period under review. Further analysis of the company's financial performance and operational efficiency may be necessary to understand the factors driving these fluctuations in ROE.
Peer comparison
Dec 31, 2024