Schrodinger Inc (SDGR)
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 | -187,123 | -177,577 | -201,465 | -143,140 | 40,720 | 44,182 | 66,350 | 14,398 | -149,189 | -152,694 | -147,845 | -134,815 | -100,393 | -80,819 | -41,960 | -10,666 | -24,463 | -20,093 | -35,453 | -32,603 |
| Total stockholders’ equity | US$ in thousands | 421,445 | 449,425 | 473,980 | 513,706 | 548,558 | 563,581 | 611,225 | 590,260 | 447,894 | 463,110 | 493,058 | 530,667 | 557,071 | 579,806 | 605,751 | 631,768 | 624,015 | 630,878 | 296,120 | 295,517 |
| ROE | -44.40% | -39.51% | -42.50% | -27.86% | 7.42% | 7.84% | 10.86% | 2.44% | -33.31% | -32.97% | -29.99% | -25.40% | -18.02% | -13.94% | -6.93% | -1.69% | -3.92% | -3.18% | -11.97% | -11.03% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-187,123K ÷ $421,445K
= -44.40%
Schrodinger Inc's return on equity (ROE) has fluctuated significantly over the analyzed period. From March 31, 2020, to December 31, 2024, the company's ROE has experienced both negative and positive values, indicating varying levels of profitability in relation to shareholders' equity.
The ROE started with negative values, indicating that Schrodinger Inc was not generating satisfactory returns in the initial period. However, there was a notable improvement in the first quarter of 2023 when the ROE turned positive. This positive trend continued in the subsequent periods until the second quarter of 2024.
The ROE took a sharp decline in the second half of 2024, reaching its lowest point of -44.40% by December 31, 2024. This significant decrease suggests that the company's profitability relative to shareholders' equity deteriorated in this period.
Overall, the analysis of Schrodinger Inc's ROE reflects a mix of challenges and improvements in profitability over the period. It is essential for stakeholders to closely monitor the company's financial performance and management strategies to address the fluctuations in ROE and enhance long-term sustainable growth.
Peer comparison
Dec 31, 2024