Verra Mobility Corp (VRRM)

Return on equity (ROE)

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 Jun 30, 2020 Mar 31, 2020
Net income (ttm) US$ in thousands 31,448 101,126 96,702 81,587 57,015 82,211 76,479 87,012 92,475 83,323 86,053 60,404 41,449 20,967 347 -19,033 -3,445 7,151 18,217 37,196
Total stockholders’ equity US$ in thousands 265,125 486,546 438,627 448,995 421,467 404,056 465,300 237,108 231,070 194,891 244,223 275,815 259,964 243,666 316,425 308,518 346,438 343,922 331,750 344,400
ROE 11.86% 20.78% 22.05% 18.17% 13.53% 20.35% 16.44% 36.70% 40.02% 42.75% 35.24% 21.90% 15.94% 8.60% 0.11% -6.17% -0.99% 2.08% 5.49% 10.80%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $31,448K ÷ $265,125K
= 11.86%

The return on equity (ROE) of Verra Mobility Corp has displayed fluctuations over the quarters based on the provided data.

- The ROE declined to 5.49% in June 2020 from the March 2020 level of 10.80%, showing a decrease in profitability relative to shareholders' equity.
- Subsequently, the ROE continued to decrease, reaching 2.08% in September 2020 and dropping to a negative figure of -0.99% by December 2020, indicating a persistent decline in the company's profitability and efficiency in generating returns for shareholders.
- The trend of negative ROE continued into the first quarter of 2021, with a value of -6.17%.
- There was a slight improvement in the ROE to 0.11% in June 2021, followed by a more significant recovery to 8.60% in September 2021 and further improvement to 15.94% by December 2021.
- The positive trend continued through 2022, with ROE increasing to 35.24% by June and gradually rising to 40.02% by December.
- In the first quarter of 2023, the ROE slightly decreased to 36.70%, followed by a decline to 16.44% in June 2023.
- However, the ROE rebounded to 20.35% by September 2023 and further increased to 13.53% by December 2023.
- In the following quarters of 2024, the ROE improved to 18.17% in March, 22.05% in June, and 20.78% in September. The ROE then decreased to 11.86% by December 2024.

Overall, the ROE of Verra Mobility Corp has shown a mix of positive and negative trends, indicating fluctuations in the company's profitability and efficiency in utilizing shareholders' equity to generate returns. Analysis of factors impacting ROE changes would be necessary to understand the underlying reasons for the fluctuations.