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.
Peer comparison
Dec 31, 2023