Skyworks Solutions Inc (SWKS)

Return on equity (ROE)

		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	Dec 31, 2019
Net income (ttm)	US$ in thousands	596,000	780,300	855,200	904,700	982,800	1,040,200	1,111,700	1,184,700	1,275,200	1,299,300	1,369,800	1,389,000	1,498,400	1,419,000	1,210,900	1,067,000	814,800	778,500	792,900	825,800
Total stockholders’ equity	US$ in thousands	6,336,700	6,336,400	6,359,200	6,227,200	6,082,700	5,877,900	5,732,900	5,549,900	5,469,000	5,294,600	5,188,600	5,334,200	5,297,100	5,002,800	4,712,300	4,414,900	4,164,200	4,182,400	4,142,800	4,267,300
ROE		9.41%	12.31%	13.45%	14.53%	16.16%	17.70%	19.39%	21.35%	23.32%	24.54%	26.40%	26.04%	28.29%	28.36%	25.70%	24.17%	19.57%	18.61%	19.14%	19.35%

September 30, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $596,000K ÷ $6,336,700K
= 9.41%

Skyworks Solutions Inc's return on equity (ROE) has exhibited fluctuations over the past few years. The ROE has generally been above 20% in recent periods, indicating the company's ability to generate substantial returns for its shareholders. However, there has been a slight decline in ROE from the peak levels seen in the earlier periods.

The trend suggests that the company has been effectively utilizing its equity to generate profits, but there may be some challenges or changes in the business environment affecting the profitability in recent periods. It is important for stakeholders to monitor the factors influencing the ROE to ensure sustained and improved performance going forward.

Overall, Skyworks Solutions Inc has maintained a healthy ROE performance, but continued focus on operational efficiency and profitability may be necessary to further enhance shareholder value.