NCR Voyix Corporation (VYX)
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 | 912,000 | 655,000 | -551,000 | -461,000 | -414,000 | -116,000 | 73,000 | 93,000 | 52,000 | 128,000 | 75,000 | 29,000 | 89,000 | -168,000 | -155,000 | -89,000 | -92,000 | 448,000 | 513,000 | 532,000 |
| Total stockholders’ equity | US$ in thousands | 1,209,000 | 1,289,000 | 191,000 | 242,000 | 301,000 | 1,647,000 | 1,830,000 | 1,764,000 | 1,755,000 | 1,720,000 | 1,645,000 | 1,597,000 | 1,530,000 | 1,457,000 | 1,427,000 | 1,369,000 | 1,321,000 | 1,603,000 | 1,522,000 | 1,419,000 |
| ROE | 75.43% | 50.81% | -288.48% | -190.50% | -137.54% | -7.04% | 3.99% | 5.27% | 2.96% | 7.44% | 4.56% | 1.82% | 5.82% | -11.53% | -10.86% | -6.50% | -6.96% | 27.95% | 33.71% | 37.49% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $912,000K ÷ $1,209,000K
= 75.43%
NCR Voyix Corporation's Return on Equity (ROE) has demonstrated significant fluctuations over the period under consideration. The ROE stood at a healthy 37.49% as of March 31, 2020, showing strong profitability relative to shareholders' equity. However, the ROE declined in the subsequent quarters, with negative values recorded in the last three months of 2020 and throughout the first half of 2021.
The negative ROE figures during this period indicate that the company's net income was insufficient to cover the shareholders' equity, potentially signaling financial distress or operational inefficiencies.
There was a turnaround in ROE in the latter half of 2021, with positive values recorded. This positive trend continued into 2022 and 2023, albeit with more modest percentages compared to the initial period.
Notably, the ROE experienced a sharp decline in late 2023 and the first half of 2024, reaching extremely low negative percentages, which could be a cause for concern. However, the latest data point for December 31, 2024, shows a significant recovery with a ROE of 75.43%, indicating improved profitability and efficiency in generating returns for shareholders.
Overall, the analysis of NCR Voyix Corporation's ROE highlights the company's fluctuating profitability performance and its impact on shareholder returns over the timeframe examined.