TechTarget, Inc. Common Stock (TTGT)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -116,863 | 4 | 41,609 | 949 | 17,068 |
| Total stockholders’ equity | US$ in thousands | 1,571,850 | 222,927 | 217,474 | 222,757 | 202,506 |
| ROE | -7.43% | 0.00% | 19.13% | 0.43% | 8.43% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $-116,863K ÷ $1,571,850K
= -7.43%
TechTarget, Inc. Common Stock's return on equity (ROE) has shown significant fluctuations over the past few years. The ROE was 8.43% as of December 31, 2020, indicating a moderate level of profitability relative to the shareholders' equity. However, there was a notable decline to 0.43% by December 31, 2021, suggesting a decrease in the company's ability to generate profits from shareholder investments.
Subsequently, the ROE experienced a sharp increase to 19.13% as of December 31, 2022, signaling a strong rebound in profitability and efficiency in the utilization of equity. However, the ROE dropped back to 0.00% by December 31, 2023, indicating that the company might have faced challenges in generating returns for shareholders during that period.
It is important to note that the ROE data for December 31, 2024, is unavailable ("\u2014"), making it difficult to assess the company's financial performance in that specific year. Overall, the fluctuating trend in ROE reflects the dynamic nature of the company's profitability and efficiency in leveraging shareholder equity to generate returns. Further analysis and examination of the company's financial statements and business operations may provide insights into the factors driving these ROE fluctuations.
Peer comparison
Dec 31, 2024