TripAdvisor Inc (TRIP)
Return on equity (ROE)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 10,000 | 20,000 | -148,000 | -289,000 | 126,000 |
| Total stockholders’ equity | US$ in thousands | 871,000 | 861,000 | 789,000 | 886,000 | 1,161,000 |
| ROE | 1.15% | 2.32% | -18.76% | -32.62% | 10.85% |
December 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $10,000K ÷ $871,000K
= 1.15%
TripAdvisor Inc.'s return on equity (ROE) has varied significantly over the past five years. In 2023, the ROE was 1.15%, representing a decrease from the previous year's 2.32%. The company faced challenges in 2021 with a negative ROE of -18.76%, indicating a lack of profitability relative to shareholders' equity. The situation worsened in 2020, with an even lower ROE of -32.62%, suggesting significant financial difficulties. However, there was a positive rebound in 2019 with an ROE of 10.85%. Overall, the company's ROE has shown inconsistency and volatility, highlighting the need for further analysis to understand the underlying factors impacting its profitability and shareholder value.
Peer comparison
Dec 31, 2023