Vicor Corporation (VICR)
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 | 53,595 | 52,989 | 38,199 | 31,691 | 25,446 | 26,264 | 37,731 | 46,532 | 56,625 | 58,938 | 51,464 | 34,737 | 17,910 | 8,029 | 8,181 | 8,077 | 14,098 | 19,696 | 26,771 | 32,068 |
| Total stockholders’ equity | US$ in thousands | 540,869 | 528,548 | 500,777 | 480,405 | 464,088 | 452,624 | 444,863 | 431,906 | 423,599 | 411,355 | 392,586 | 370,164 | 350,820 | 337,262 | 326,324 | 206,681 | 205,562 | 202,269 | 193,863 | 190,243 |
| ROE | 9.91% | 10.03% | 7.63% | 6.60% | 5.48% | 5.80% | 8.48% | 10.77% | 13.37% | 14.33% | 13.11% | 9.38% | 5.11% | 2.38% | 2.51% | 3.91% | 6.86% | 9.74% | 13.81% | 16.86% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $53,595K ÷ $540,869K
= 9.91%
To analyze Vicor Corp.'s return on equity (ROE) over the past eight quarters, we observe a fluctuating trend in the ROE ratios. The ROE ranged from 5.48% to 10.77% during this period.
In Q4 2023, the ROE was 9.91%, showing a slight decrease from the previous quarter's 10.03%. This indicates that the company's ability to generate profits from shareholders' equity declined marginally.
Comparing the recent quarters, Vicor Corp.'s ROE has been relatively stable around the 7-10% range, suggesting a consistent performance in utilizing equity to generate profits.
However, the ROE was higher in Q1 and Q2 of 2022, reaching levels of 10.77% and 8.48% respectively, indicating stronger profitability relative to the more recent quarters.
Overall, Vicor Corp.'s ROE performance demonstrates some variability, with periods of higher and lower profitability. Further analysis of the company's financial statements and operational activities would be beneficial to understand the factors influencing these fluctuations.
Peer comparison
Dec 31, 2023