ZoomInfo Technologies Inc (ZI)
Return on equity (ROE)
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|
Net income | US$ in thousands | 107,300 | 63,200 | 116,800 | -4,000 |
Total stockholders’ equity | US$ in thousands | 2,119,300 | 2,271,800 | 1,997,900 | 939,600 |
ROE | 5.06% | 2.78% | 5.85% | -0.43% |
December 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $107,300K ÷ $2,119,300K
= 5.06%
ZoomInfo Technologies Inc.'s return on equity (ROE) has fluctuated over the past five years. In 2019, the company did not report an ROE figure. However, in 2020, the ROE was negative at -0.80%, indicating that the company's net income was not sufficient to generate a positive return for shareholders.
Subsequently, there was an improvement in ROE to 5.85% in 2021, suggesting better utilization of equity to generate profits. The ROE dipped slightly to 2.78% in 2022 but rebounded to 5.06% in 2023.
Overall, the trend indicates that ZoomInfo Technologies Inc. has been able to enhance its ROE performance compared to the negative figure in 2020. It is essential for the company to sustain this positive momentum and continue striving to generate higher returns on equity for its shareholders.
Peer comparison
Dec 31, 2023