NCR Voyix Corporation (VYX)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 943,000 | -423,000 | 60,000 | 97,000 | -79,000 |
| Total stockholders’ equity | US$ in thousands | 1,209,000 | 301,000 | 1,755,000 | 1,530,000 | 1,321,000 |
| ROE | 78.00% | -140.53% | 3.42% | 6.34% | -5.98% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $943,000K ÷ $1,209,000K
= 78.00%
NCR Voyix Corporation's return on equity (ROE) has fluctuated significantly over the years based on the provided data.
- In December 31, 2020, the company had a negative ROE of -5.98%, indicating that the company's net income was insufficient to generate a positive return for its shareholders.
- By December 31, 2021, the ROE improved to 6.34%, showing a positive trend as the company was able to generate a modest return for its shareholders.
- In December 31, 2022, the ROE decreased to 3.42%, indicating a slight decline in the company's ability to generate returns relative to its equity.
- By December 31, 2023, the ROE plummeted to -140.53%, reflecting a severe negative impact where the company's net loss exceeded its equity, raising concerns about its financial performance.
- However, by December 31, 2024, the ROE surged to 78.00%, indicating a significant improvement in the company's profitability and efficiency in generating returns for its shareholders.
Overall, NCR Voyix Corporation's ROE has been volatile, with periods of improvement and decline. It is crucial for the company to monitor and manage its financial performance effectively to ensure sustainable and positive returns for its shareholders in the future.