TechTarget, Inc. Common Stock (TTGT)
Return on equity (ROE)
| Jun 30, 2025 | Mar 31, 2025 | 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 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -1,047,180 | -533,880 | -12,093 | -8,635 | -7,272 | 4,461 | 13,251 | 26,350 | 36,090 | 41,609 | 18,455 | 13,598 | 6,303 | 949 | 20,220 | 17,018 | 16,671 | 17,068 | 17,845 | 16,414 |
| Total stockholders’ equity | US$ in thousands | 1,056,420 | 1,571,850 | 249,476 | 236,810 | 223,494 | 222,927 | 209,008 | 202,297 | 210,022 | 217,474 | 230 | 238,402 | 241,196 | 222,757 | 208,521 | 193,832 | 182,138 | 202,506 | 162,256 | 153,546 |
| ROE | -99.13% | -33.97% | -4.85% | -3.65% | -3.25% | 2.00% | 6.34% | 13.03% | 17.18% | 19.13% | 8,023.91% | 5.70% | 2.61% | 0.43% | 9.70% | 8.78% | 9.15% | 8.43% | 11.00% | 10.69% |
June 30, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-1,047,180K ÷ $1,056,420K
= -99.13%
The analysis of TechTarget, Inc.'s return on equity (ROE) over the specified period reveals a highly volatile and inconsistent performance trend. Initially, from June 30, 2020, through September 30, 2021, the ROE ranged between approximately 8.43% and 11.00%, indicating a relatively steady, moderate level of profitability relative to shareholders' equity during this period.
However, a significant anomaly appears at December 31, 2021, when the ROE sharply declined to a near-zero figure of 0.43%, followed by a modest recovery to 2.61% by March 31, 2022, and an increase to 5.70% by June 30, 2022. These fluctuations suggest instability in the company’s profitability or changes in equity levels, possibly influenced by operational, strategic, or accounting factors.
A dramatic and unprecedented spike occurs at September 30, 2022, where the ROE reaches an exceptionally high 8,023.91%. Such an extraordinary value likely results from extraordinary items, accounting adjustments, or one-time gains that distort typical profitability metrics. Following this anomaly, the ROE stabilizes to a more moderate 19.13% at the end of 2022 and then shows a downward trend through 2023, with figures of 17.18% in March, 13.03% in June, 6.34% in September, and 2.00% in December.
From the beginning of 2024 onward, the ROE enters negative territory, indicating potential losses relative to shareholders’ equity. Values recorded are -3.25% in March 2024, further declining to -3.65% in June, -4.85% in September, and plunging deeper into negative figures of -33.97% by March 2025 and an extreme -99.13% in June 2025. These persistent negative returns reflect substantial deterioration in profitability and/or a significant erosion of shareholders’ equity, possibly due to substantial losses, impairments, or extraordinary adjustments.
Overall, the pattern of ROE suggests that TechTarget has experienced periods of moderate profitability, punctuated by extraordinary spikes and subsequent declines. The most recent trend indicates a severe downturn, with prolonged negative ROEs indicating significant financial challenges and diminished return to shareholders in the current period.
Peer comparison
Jun 30, 2025