Ziff Davis Inc (ZD)
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 | 63,047 | 62,382 | 79,988 | 59,757 | 41,503 | 45,552 | 94,708 | 31,593 | 63,757 | 356,792 | 381,176 | 443,329 | 496,714 | 194,296 | 212,610 | 234,994 | 150,668 | 215,603 | 185,465 | 179,953 |
| Total stockholders’ equity | US$ in thousands | 1,810,880 | 1,752,310 | 1,869,890 | 1,902,010 | 1,893,000 | 1,804,140 | 1,862,680 | 1,894,620 | 1,892,610 | 1,793,640 | 1,794,200 | 1,865,490 | 1,967,730 | 1,369,260 | 1,294,500 | 1,274,910 | 1,211,020 | 1,176,340 | 1,263,170 | 1,241,080 |
| ROE | 3.48% | 3.56% | 4.28% | 3.14% | 2.19% | 2.52% | 5.08% | 1.67% | 3.37% | 19.89% | 21.24% | 23.76% | 25.24% | 14.19% | 16.42% | 18.43% | 12.44% | 18.33% | 14.68% | 14.50% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $63,047K ÷ $1,810,880K
= 3.48%
Ziff Davis Inc's return on equity (ROE) has experienced fluctuations over the analyzed period. From March 31, 2020, to September 30, 2021, the ROE increased steadily from 14.50% to 14.19%. However, there was a notable spike to 25.24% by December 31, 2021, which was followed by a gradual decline through March 31, 2024. The ROE dropped to 1.67% by March 31, 2023, before showing some recovery to 4.28% by June 30, 2024. Ultimately, by December 31, 2024, the ROE settled at 3.48%.
The significant variations in ROE may indicate changes in the company's profitability, financial leverage, or efficiency in utilizing shareholders' equity to generate earnings. Further analysis, including assessing the company's financial and operational performance during the periods of high and low ROE, would provide more insights into the factors driving these fluctuations.