TripAdvisor Inc (TRIP)

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	10,000	-24,000	-26,000	-19,000	20,000	-7,000	-31,000	-102,000	-148,000	-191,000	-240,000	-353,000	-289,000	-202,000	-104,000	83,000	125,000	117,000	136,000	134,000
Total stockholders’ equity	US$ in thousands	871,000	823,000	781,000	808,000	861,000	813,000	796,000	767,000	789,000	794,000	779,000	785,000	886,000	908,000	912,000	1,027,000	1,161,000	1,648,000	1,575,000	1,507,000
ROE		1.15%	-2.92%	-3.33%	-2.35%	2.32%	-0.86%	-3.89%	-13.30%	-18.76%	-24.06%	-30.81%	-44.97%	-32.62%	-22.25%	-11.40%	8.08%	10.77%	7.10%	8.63%	8.89%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $10,000K ÷ $871,000K
= 1.15%

The return on equity (ROE) for TripAdvisor Inc. has shown fluctuations over the past eight quarters. In Q4 2023, the ROE stood at a low 1.15%, indicating a relatively lower return generated on shareholders' equity during that period. This was an improvement compared to the negative ROE values observed in the previous three quarters (Q3 2023, Q2 2023, and Q1 2023), which were -2.92%, -3.33%, and -2.35% respectively.

Looking at the earlier quarters, the ROE was positive in Q4 2022 at 2.32%, followed by negative ROE values in Q3 2022, Q2 2022, and Q1 2022 (-0.86%, -3.89%, and -13.30% respectively). This indicates a mix of both positive and negative returns on equity during those periods.

Overall, the ROE trend suggests variability in the company's ability to generate profits from shareholders' equity. Investors and stakeholders may want to further investigate the factors influencing these fluctuations to assess the company's financial performance and sustainability.