Xerox Corp (XRX)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,000 | 180,000 | -252,000 | -195,000 | -322,000 | -1,118,000 | -645,000 | -550,000 | -455,000 | 297,000 | 297,000 | 233,000 | 192,000 | 933,000 | 1,064,000 | |||
| Total stockholders’ equity | US$ in thousands | 2,538,000 | 2,789,000 | 3,384,000 | 3,459,000 | 3,343,000 | 3,243,000 | 3,873,000 | 4,184,000 | 4,436,000 | 5,188,000 | 5,287,000 | 5,425,000 | 5,592,000 | 5,448,000 | 5,477,000 | 5,393,000 | 5,587,000 | 4,855,000 |
| ROE | 0.04% | 6.45% | -7.45% | -5.64% | -9.63% | -34.47% | -16.65% | -13.15% | -10.26% | 5.72% | 5.62% | 4.29% | 3.43% | 17.13% | 19.43% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,000K ÷ $2,538,000K
= 0.04%
Based on the data provided, Xerox Holdings Corp's return on equity (ROE) has varied widely over the past eight quarters. The ROE has been mostly negative, with Q3 2023 showing a modest improvement at 5.53%, while the other quarters ranged from -0.47% to -32.75%. The negative ROE figures indicate that the company's net income has not been sufficient to generate a positive return for shareholders based on their equity investment.
The significant fluctuations in ROE suggest potential issues with profitability and efficiency in the company's operations. It is essential for Xerox Holdings Corp to address these fluctuations and work towards improving its ROE to ensure sustainable growth and value creation for shareholders. Additionally, investors and stakeholders should carefully monitor the company's financial performance and management's efforts to enhance ROE over the coming quarters.
Peer comparison
Dec 31, 2023