Visteon Corp (VC)
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 | 486,000 | 154,000 | 132,000 | 136,000 | 124,000 | 121,000 | 82,000 | 47,000 | 41,000 | 28,000 | 29,000 | -5,000 | -56,000 | -39,000 | -31,000 | 21,000 | 70,000 | 78,000 | 85,000 | 113,000 |
Total stockholders’ equity | US$ in thousands | 1,038,000 | 724,000 | 705,000 | 720,000 | 675,000 | 555,000 | 532,000 | 541,000 | 516,000 | 399,000 | 394,000 | 384,000 | 387,000 | 385,000 | 358,000 | 394,000 | 480,000 | 474,000 | 477,000 | 487,000 |
ROE | 46.82% | 21.27% | 18.72% | 18.89% | 18.37% | 21.80% | 15.41% | 8.69% | 7.95% | 7.02% | 7.36% | -1.30% | -14.47% | -10.13% | -8.66% | 5.33% | 14.58% | 16.46% | 17.82% | 23.20% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $486,000K ÷ $1,038,000K
= 46.82%
Visteon Corp.'s return on equity (ROE) has shown fluctuations over the past eight quarters. The ROE increased significantly in Q4 2023 to 46.82%, marking a substantial improvement compared to the previous quarter's 21.27%. This surge in ROE indicates that the company generated strong returns for its shareholders relative to its equity during that period.
Looking at the broader trend, Visteon's ROE has generally been on an upward trajectory since Q1 2022 when it stood at 8.69%. The consistent improvement in ROE suggests that the company has been effectively utilizing its equity to generate profits and deliver value to its shareholders.
It is essential for investors to closely monitor Visteon Corp.'s ROE performance in future quarters to assess its ability to maintain or even further improve its profitability and efficiency in utilizing shareholder funds.
Peer comparison
Dec 31, 2023