Silicon Laboratories Inc (SLAB)
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 | -34,516 | 60,632 | 71,283 | 82,462 | 91,402 | 62,943 | 2,118,644 | 2,099,115 | 2,089,717 | 2,101,763 | -1,934 | -46,637 | -57,902 | -57,135 | -9,957 | 16,087 | 19,241 | 24,671 | 32,251 | 62,584 |
| Total stockholders’ equity | US$ in thousands | 1,208,680 | 1,259,920 | 1,258,900 | 1,419,450 | 1,405,010 | 1,551,640 | 1,605,340 | 2,007,660 | 2,212,420 | 2,647,580 | 1,227,750 | 1,206,980 | 1,199,840 | 1,170,050 | 1,157,650 | 1,099,600 | 1,115,050 | 1,083,750 | 1,051,270 | 1,057,480 |
| ROE | -2.86% | 4.81% | 5.66% | 5.81% | 6.51% | 4.06% | 131.97% | 104.56% | 94.45% | 79.38% | -0.16% | -3.86% | -4.83% | -4.88% | -0.86% | 1.46% | 1.73% | 2.28% | 3.07% | 5.92% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-34,516K ÷ $1,208,680K
= -2.86%
Silicon Laboratories Inc's return on equity (ROE) has shown fluctuations over the past few quarters. The ROE was negative in the most recent quarter, standing at -2.86%. Prior to this, there was a slight improvement in ROE, with figures of 4.81% and 5.66% in the preceding quarters.
Looking further back, there were significant peaks in ROE in the middle of 2022, reaching as high as 131.97% and 104.56%. These exceptional performances were followed by a downward trend, with ROE figures gradually decreasing.
It is worth noting that there were periods of negative ROE in the earlier quarters, including -3.86%, -4.83%, and -0.86%. However, the overall trend in recent quarters has shown a recovery in ROE, although the latest results suggest a setback.
The fluctuating ROE figures indicate variability in Silicon Laboratories Inc's profitability and efficiency in generating returns for its shareholders. Further analysis of the company's financial performance and strategic decisions would be needed to better understand the drivers behind these fluctuations.
Peer comparison
Dec 31, 2023