Vericel Corp Ord (VCEL)

Return on equity (ROE)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	10,362	-3,182	-16,709	-7,471	2,864
Total stockholders’ equity	US$ in thousands	291,967	225,952	192,272	170,462	134,260
ROE		3.55%	-1.41%	-8.69%	-4.38%	2.13%

December 31, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $10,362K ÷ $291,967K
= 3.55%

Vericel Corp Ord's return on equity (ROE) has shown variability over the past five years. In December 2020, the ROE was at 2.13%, indicating a relatively low return for shareholders relative to the equity invested. The trend turned negative in the following years with ROE figures of -4.38% in December 2021, -8.69% in December 2022, and -1.41% in December 2023, suggesting the company was not generating satisfactory returns for shareholders during these periods.

However, there was a positive turnaround in December 2024, with an ROE of 3.55%, indicating a better return on equity compared to the previous years. Overall, it is important to closely monitor Vericel Corp Ord's performance in order to understand the factors influencing its ROE and the company's ability to generate value for its shareholders.