Xerox Corp (XRX)
Return on equity (ROE)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,000 | -322,000 | -455,000 | 192,000 | 1,353,000 |
| Total stockholders’ equity | US$ in thousands | 2,538,000 | 3,343,000 | 4,436,000 | 5,592,000 | 5,587,000 |
| ROE | 0.04% | -9.63% | -10.26% | 3.43% | 24.22% |
December 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $1,000K ÷ $2,538,000K
= 0.04%
Xerox Holdings Corp's return on equity (ROE) has exhibited fluctuations over the past five years, as indicated by the data provided.
- The ROE was negative in both 2022 and 2023, at -9.45% and -0.47%, respectively, indicating that Xerox Holdings Corp generated losses relative to shareholders' equity during those years.
- In 2021, the ROE improved slightly to -10.09%, but remained in negative territory, reflecting challenges in generating profits relative to the shareholders' investment.
- The ROE was positive in 2020 and 2019, at 3.07% and 23.08%, respectively. This suggests that during these years, Xerox Holdings Corp was able to generate profits that exceeded the shareholders' equity, resulting in a return to shareholders.
Overall, the trend in Xerox Holdings Corp's ROE indicates volatility and inconsistency in the company's ability to generate returns for its shareholders. Further analysis of the company's financial performance and strategies may be necessary to understand the factors driving these fluctuations in ROE.
Peer comparison
Dec 31, 2023