Xencor Inc (XNCR)
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 | -232,618 | -198,239 | -177,365 | -133,356 | -125,239 | -118,181 | -126,671 | -144,667 | -61,157 | 23,946 | 16,514 | 108,712 | 82,631 | -4,121 | 23,520 | -63,746 | -69,333 | -82,554 | -80,228 | -61,244 |
| Total stockholders’ equity | US$ in thousands | 677,611 | 723,836 | 564,325 | 612,526 | 668,796 | 669,010 | 678,876 | 683,583 | 727,496 | 722,698 | 742,341 | 763,023 | 733,504 | 618,860 | 646,938 | 583,612 | 572,444 | 568,483 | 570,645 | 593,005 |
| ROE | -34.33% | -27.39% | -31.43% | -21.77% | -18.73% | -17.67% | -18.66% | -21.16% | -8.41% | 3.31% | 2.22% | 14.25% | 11.27% | -0.67% | 3.64% | -10.92% | -12.11% | -14.52% | -14.06% | -10.33% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-232,618K ÷ $677,611K
= -34.33%
Xencor Inc's return on equity (ROE) has fluctuated significantly over the past few years. The company's ROE was negative throughout most of 2020 and 2021, indicating that it was generating net losses in relation to its shareholders' equity during that period.
In June 2021, Xencor Inc's ROE turned positive at 3.64%, suggesting improvement in profitability and efficiency in utilizing shareholders' equity. This positive trend continued into December 2021 and March 2022, with ROE reaching 11.27% and 14.25% respectively, indicating that the company was generating a decent return for its shareholders during these periods.
However, the positive trend was short-lived as Xencor Inc's ROE started declining again from June 2022 onwards, reaching negative values. The ROE fell significantly to -34.33% by December 2024, reflecting a decline in profitability and efficiency in managing shareholders' equity.
Overall, Xencor Inc's ROE performance shows periods of both improvement and deterioration, highlighting the company's fluctuating profitability and efficiency in generating returns for its shareholders over the analyzed period. Investors may need to closely monitor the company's financial performance and management strategies to assess its future prospects.
Peer comparison
Dec 31, 2024