Vicor Corporation (VICR)
Return on equity (ROE)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 53,595 | 25,446 | 56,625 | 17,910 | 14,098 |
| Total stockholders’ equity | US$ in thousands | 540,869 | 464,088 | 423,599 | 350,820 | 205,562 |
| ROE | 9.91% | 5.48% | 13.37% | 5.11% | 6.86% |
December 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $53,595K ÷ $540,869K
= 9.91%
Vicor Corp.'s return on equity (ROE) has exhibited variability over the past five years. In 2023, the ROE stood at 9.91%, which marked an improvement compared to the previous year's ROE of 5.48%. However, this figure was lower than the ROE reported in 2021, which was 13.37%.
The ROE in 2020 was 5.11%, showcasing a slight increase compared to the previous year. The highest ROE in the given period was recorded in 2021 at 13.37%, indicating a strong performance in generating profits relative to shareholders' equity.
Overall, Vicor Corp.'s ROE has shown fluctuations, with the company experiencing ups and downs in effectively utilizing shareholders' equity to generate profits during the period under review. It would be advisable to investigate the underlying factors driving these fluctuations to determine the sustainability and efficiency of the company's profitability.
Peer comparison
Dec 31, 2023