Viavi Solutions Inc (VIAV)
Return on equity (ROE)
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 34,800 | 5,100 | -39,000 | -37,400 | -25,800 | -4,200 | 5,000 | 2,700 | 25,500 | 42,100 | 76,700 | 102,900 | 15,500 | -2,900 | -10,300 | -23,000 | 46,100 | 74,700 | 30,100 | 36,200 |
| Total stockholders’ equity | US$ in thousands | 780,200 | 728,800 | 682,800 | 702,100 | 681,600 | 705,100 | 728,000 | 675,200 | 690,800 | 682,300 | 687,800 | 648,400 | 671,700 | 709,900 | 774,800 | 858,600 | 774,800 | 811,800 | 801,000 | 753,800 |
| ROE | 4.46% | 0.70% | -5.71% | -5.33% | -3.79% | -0.60% | 0.69% | 0.40% | 3.69% | 6.17% | 11.15% | 15.87% | 2.31% | -0.41% | -1.33% | -2.68% | 5.95% | 9.20% | 3.76% | 4.80% |
June 30, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $34,800K ÷ $780,200K
= 4.46%
The analysis of Viavi Solutions Inc.'s return on equity (ROE) over the specified period reveals significant fluctuations. During the fiscal year ending September 30, 2020, the ROE was approximately 4.80%, indicating modest profitability relative to shareholders' equity. The figure declined further to 3.76% by the end of December 2020, suggesting a slight deterioration in the company's ability to generate profits from equity.
In the subsequent quarter ending March 31, 2021, the ROE increased notably to 9.20%, nearly doubling the previous figure, which reflects improved profitability possibly driven by operational efficiencies or revenue growth. This upward trend was temporary, as the ROE declined to 5.95% by June 30, 2021, and then turned negative at -2.68% by September 30, 2021. The negative ROE indicates that the company experienced losses or inefficiencies impacting shareholders' equity during that period.
The trend of negative or near-zero ROE persisted into 2022, with values at -1.33% (December 2021), -0.41% (March 2022), and rising briefly to 2.31% (June 30, 2022). A marked improvement occurred in the third quarter of 2022, with ROE reaching 15.87%, signaling a significant turnaround possibly due to operational recovery or strategic initiatives. This high ROE was sustained into December 2022 at 11.15% but eased to 6.17% in the first quarter of 2023, followed by further reduction to 3.69% in June 2023, and near-zero levels at 0.40% in September 2023.
From the latter part of 2023 into 2024, the ROE turned negative again, reaching -0.60% in March 2024, and worsening to -3.79% by June 30, 2024, and -5.33% by September 30, 2024. This downward trajectory indicates renewed challenges affecting profitability or equity base. The negative trend continued into December 2024 at -5.71%, with a slight recovery in March 2025 to 0.70%. The ROE then increased further to 4.46% by June 30, 2025, signaling a potential return to positive profitability.
Overall, Viavi Solutions' ROE has exhibited considerable volatility over the analyzed period. The pattern reflects periods of strong profitability interspersed with episodes of losses and negative returns, possibly influenced by market conditions, strategic decisions, or operational factors. The recent negative trends could suggest ongoing challenges, but the subsequent positive movements indicate potential for recovery if favorable conditions persist.
Peer comparison
Jun 30, 2025