NCR Voyix Corporation (VYX)
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 | -423,000 | -121,000 | 77,000 | 101,000 | 60,000 | 140,000 | 83,000 | 33,000 | 97,000 | -164,000 | -145,000 | -72,000 | -79,000 | 461,000 | 520,000 | 544,000 | 558,000 | 155,000 | 137,000 | -108,000 |
| Total stockholders’ equity | US$ in thousands | 25,000 | 1,372,000 | 1,555,000 | 1,489,000 | 1,480,000 | 1,445,000 | 1,370,000 | 1,323,000 | 1,256,000 | 1,183,000 | 1,154,000 | 1,096,000 | 1,048,000 | 1,195,000 | 1,120,000 | 1,024,000 | 1,104,000 | 726,000 | 542,000 | 449,000 |
| ROE | -1,692.00% | -8.82% | 4.95% | 6.78% | 4.05% | 9.69% | 6.06% | 2.49% | 7.72% | -13.86% | -12.56% | -6.57% | -7.54% | 38.58% | 46.43% | 53.12% | 50.54% | 21.35% | 25.28% | -24.05% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-423,000K ÷ $25,000K
= -1,692.00%
The return on equity (ROE) performance of NCR Voyix Corporation has exhibited significant fluctuations over the past few quarters. In the latest available data as of December 31, 2023, the company reported a negative ROE of -1,692.00%. This drastic decline indicates that the company's net income generated relative to its shareholder equity was severely negative in that period, raising concerns about the company's profitability and financial health.
The trend observed in the ROE figures over the previous quarters shows variability, with fluctuations ranging from negative single digits to high positive percentages. For instance, in the first quarter of 2020, the company reported an ROE of 50.54%, signaling a strong profitability performance compared to the negative ROEs reported in some quarters.
Overall, the inconsistent performance in ROE suggests that NCR Voyix Corporation has faced challenges in effectively utilizing its equity capital to generate profits for its shareholders. The negative and low ROE figures, particularly the significant downturn in the most recent quarter, highlight the need for the company to address underlying issues impacting its profitability and efficiency in generating returns for its shareholders.