Synaptics Incorporated (SYNA)
Return on equity (ROE)
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -47,800 | 165,200 | 168,900 | 158,100 | 125,600 | -106,100 | -77,600 | -46,600 | 73,600 | 179,900 | 234,400 | 281,900 | 257,500 | 193,600 | 142,500 | 122,600 | 79,600 | 150,600 | 141,800 | 112,000 |
| Total stockholders’ equity | US$ in thousands | 1,394,900 | 1,387,000 | 1,376,100 | 1,467,300 | 1,466,800 | 1,235,400 | 1,220,300 | 1,204,300 | 1,243,400 | 1,321,100 | 1,300,400 | 1,325,100 | 1,266,400 | 1,157,700 | 1,063,900 | 1,001,400 | 967,200 | 932,600 | 888,000 | 838,700 |
| ROE | -3.43% | 11.91% | 12.27% | 10.77% | 8.56% | -8.59% | -6.36% | -3.87% | 5.92% | 13.62% | 18.03% | 21.27% | 20.33% | 16.72% | 13.39% | 12.24% | 8.23% | 16.15% | 15.97% | 13.35% |
June 30, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-47,800K ÷ $1,394,900K
= -3.43%
Synaptics Incorporated's return on equity (ROE) has exhibited notable fluctuations over the analyzed period. At the end of September 2020, the ROE stood at approximately 13.35%, indicating a moderate level of profitability relative to shareholders' equity. This upward trend continued through December 2020 and March 2021, reaching peaks of approximately 15.97% and 16.15%, respectively.
However, by June 2021, a significant decline occurred, with the ROE dropping to around 8.23%. While there was a partial recovery in subsequent quarters—registering approximately 12.24% in September 2021 and 13.39% in December 2021—the ROE continued to increase, reaching a high of 20.33% in June 2022 and maintaining a strong level of around 21.27% in September 2022. During this period, the company demonstrated robust profitability relative to shareholders' equity.
From late 2022 onward, the ROE experienced a downward trend: decreasing to about 18.03% in December 2022, then declining further to approximately 13.62% in March 2023. The decline intensified in mid-2023, with the ROE falling to around 5.92% in June 2023. The most substantial deterioration was observed in September 2023, where the ROE turned negative at approximately -3.87%, continuing to decline to -6.36% by the end of 2023. This negative ROE persisted into March 2024, reaching approximately -8.59%.
Subsequently, signs of recovery appeared. The ROE increased to about 8.56% in June 2024 and reached 10.77% in September 2024. The upward trajectory continued through December 2024 and into March 2025, with the ROE stabilizing around 12.27% in December 2024 and slightly declining to approximately 11.91% in March 2025. However, a downturn was again observed in June 2025, where the ROE dropped to approximately -3.43%.
Overall, the historical ROE data reflects periods of strong profitability interspersed with episodes of significant decline and negative returns, indicating periods of either operational challenges, changes in financial leverage, or variability in net income relative to shareholder equity. The recent negative ROE figures suggest periods of losses or diminished profitability, while the periods of recovery denote improvements in operational performance or financial restructuring efforts.
Peer comparison
Jun 30, 2025