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