Stock Analysis on Net

Autodesk Inc. (NASDAQ:ADSK)

This company has been moved to the archive! The financial data has not been updated since December 3, 2024.

Return on Equity (ROE) 
since 2005

Microsoft Excel

Calculation

Autodesk Inc., ROE, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-01-31), 10-K (reporting date: 2012-01-31), 10-K (reporting date: 2011-01-31), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-01-31), 10-K (reporting date: 2007-01-31), 10-K (reporting date: 2006-01-31), 10-K (reporting date: 2005-01-31).

1 US$ in millions


The financial data exhibits several notable trends and fluctuations over the analyzed period. Net income reveals an overall cyclical pattern with periods of growth, decline, and recovery. Initially, net income steadily increased from 222 million USD in 2005 to a peak of 356 million USD in 2008. Subsequently, it declined sharply to 58 million USD in 2010 before rebounding to highs exceeding 1 billion USD in 2021. Noteworthy is the severe downturn between 2014 and 2017, where net income turned significantly negative, culminating in losses of over 500 million USD, followed by recovery in the following years.

Stockholders' equity shows a general upward trend from 648 million USD in 2005 to over 2 billion USD by 2014, indicating gradual equity growth. However, the period from 2015 to 2018 shows a concerning contraction of equity, moving into deficit territory by 2018 and remaining negative through early 2020. Post-2020, equity levels improved markedly, returning to positive territory and surpassing previous peaks to reach approximately 1.9 billion USD by 2024, reflecting a restoration of financial stability.

The Return on Equity (ROE) demonstrates significant volatility that parallels the performance and changes in net income and equity. ROE was robust and positive through 2005 to 2010, ranging from approximately 3.94% to over 40%. The negative equity periods correspond with highly negative ROE values in the mid-2010s, indicating substantial losses relative to shareholders’ equity. ROE rebounded strongly in recent years, reaching very high levels exceeding 125% in 2021, then moderating but remaining elevated above 40% in 2024, suggesting improved profitability relative to equity.

Summary Insights
1. Net income experienced growth, sharp declines, and recovery phases, indicating cyclical profitability challenges and eventual stabilization with strong earnings post-2020.
2. Stockholders’ equity grew steadily initially but faced significant depletion mid-period, resulting in deficits. This was reversed in recent years with a strong equity recovery.
3. ROE trends confirm the profitability challenges corresponding to equity fluctuations, with negative returns during periods of equity deficits and impressive returns following recovery.
4. The mid-2010s period marks a financial stress phase characterized by negative earnings and equity, followed by a significant turnaround improving overall financial health and profitability.

Comparison to Competitors

Autodesk Inc., ROE, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-01-31), 10-K (reporting date: 2012-01-31), 10-K (reporting date: 2011-01-31), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-01-31), 10-K (reporting date: 2007-01-31), 10-K (reporting date: 2006-01-31), 10-K (reporting date: 2005-01-31).


Comparison to Sector (Software & Services)

Autodesk Inc., ROE, long-term trends, comparison to sector (software & services)

Microsoft Excel

Based on: 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-01-31), 10-K (reporting date: 2012-01-31), 10-K (reporting date: 2011-01-31), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-01-31), 10-K (reporting date: 2007-01-31), 10-K (reporting date: 2006-01-31), 10-K (reporting date: 2005-01-31).


Comparison to Industry (Information Technology)

Autodesk Inc., ROE, long-term trends, comparison to industry (information technology)

Microsoft Excel

Based on: 10-K (reporting date: 2024-01-31), 10-K (reporting date: 2023-01-31), 10-K (reporting date: 2022-01-31), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31), 10-K (reporting date: 2016-01-31), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-01-31), 10-K (reporting date: 2013-01-31), 10-K (reporting date: 2012-01-31), 10-K (reporting date: 2011-01-31), 10-K (reporting date: 2010-01-31), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-01-31), 10-K (reporting date: 2007-01-31), 10-K (reporting date: 2006-01-31), 10-K (reporting date: 2005-01-31).