Semtech Corporation (SMTC)

Return on equity (ROE)

		Jan 28, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Jan 26, 2020
Net income	US$ in thousands	-1,092,030	61,380	125,664	59,903	31,871
Total stockholders’ equity	US$ in thousands	-307,434	755,852	737,584	698,743	676,954
ROE		—	8.12%	17.04%	8.57%	4.71%

January 28, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $-1,092,030K ÷ $-307,434K
= —

The return on equity (ROE) for Semtech Corporation has fluctuated over the past five years. In January 2023, the ROE was 8.12%, showing a decrease from the previous year. However, in January 2022, the ROE improved significantly to 17.04%, indicating a strong performance in generating profits relative to shareholders' equity. The following year, in January 2021, the ROE slightly decreased to 8.57%, still demonstrating a relatively healthy return for shareholders. Lastly, in January 2020, the ROE was 4.71%, reflecting a moderate return on equity.

Overall, the trend in Semtech Corporation's ROE shows fluctuations in performance, with notable improvements in some years and slight decreases in others. It is essential for investors and analysts to monitor these changes to assess the company's ability to generate profits efficiently with the equity invested by shareholders.