Return on Equity (ROE)
since 2007
Calculation
Super Micro Computer Inc., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income1 | ÷ | Total Super Micro Computer, Inc. stockholders’ equity1 | |
|---|---|---|---|---|---|---|---|
| Jun 30, 2025 | 16.64% | = | 100 | × | 1,048,854) | ÷ | 6,301,693) |
| Jun 30, 2024 | 21.28% | = | 100 | × | 1,152,666) | ÷ | 5,417,206) |
| Jun 30, 2023 | 32.45% | = | 100 | × | 639,998) | ÷ | 1,972,005) |
| Jun 30, 2022 | 20.00% | = | 100 | × | 285,163) | ÷ | 1,425,575) |
| Jun 30, 2021 | 10.20% | = | 100 | × | 111,865) | ÷ | 1,096,225) |
| Jun 30, 2020 | 7.91% | = | 100 | × | 84,308) | ÷ | 1,065,540) |
| Jun 30, 2019 | 7.64% | = | 100 | × | 71,918) | ÷ | 941,015) |
| Jun 30, 2018 | 5.47% | = | 100 | × | 46,165) | ÷ | 843,495) |
| Jun 30, 2017 | 8.64% | = | 100 | × | 66,854) | ÷ | 773,676) |
| Jun 30, 2016 | 9.99% | = | 100 | × | 72,021) | ÷ | 721,195) |
| Jun 30, 2015 | 16.46% | = | 100 | × | 101,863) | ÷ | 618,921) |
| Jun 30, 2014 | 11.55% | = | 100 | × | 54,157) | ÷ | 469,056) |
| Jun 30, 2013 | 5.70% | = | 100 | × | 21,279) | ÷ | 373,543) |
| Jun 30, 2012 | 8.82% | = | 100 | × | 29,853) | ÷ | 338,351) |
| Jun 30, 2011 | 14.00% | = | 100 | × | 40,213) | ÷ | 287,257) |
| Jun 30, 2010 | 11.98% | = | 100 | × | 26,915) | ÷ | 224,701) |
| Jun 30, 2009 | 9.02% | = | 100 | × | 16,107) | ÷ | 178,622) |
| Jun 30, 2008 | 16.74% | = | 100 | × | 25,419) | ÷ | 151,871) |
| Jun 30, 2007 | 16.69% | = | 100 | × | 19,339) | ÷ | 115,872) |
Based on: 10-K (reporting date: 2025-06-30), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30).
1 US$ in thousands
- Net Income Trend
- The net income shows a generally increasing trend over the analyzed period with considerable fluctuations. Beginning at approximately $19.3 million in 2007, it experienced notable peaks and troughs. Significant growth occurred around 2015, reaching over $100 million, followed by a decline in subsequent years. From 2020 onwards, the net income surged markedly, peaking in 2023 at nearly $1.15 billion before a slight decrease projected for 2025. This pattern indicates strong earnings growth in the later years, despite some volatility in earlier periods.
- Stockholders' Equity Development
- The stockholders’ equity consistently increased throughout the entire timeframe. Starting at approximately $115.9 million in 2007, equity grew steadily each year, reaching around $1 billion by 2019. Post-2019, equity accelerated substantially, surpassing $5.4 billion in 2024, and projected to continue growing to over $6.3 billion by 2025. This steady and strong increase reflects persistent capital accumulation and reinvestment within the company.
- Return on Equity (ROE) Analysis
- ROE demonstrates variability in profitability relative to equity. Initial levels in 2007 and 2008 were above 16%, followed by a significant drop to below 6% in 2012 and remaining relatively low through 2018. From 2019 onward, there was a sharp increase in ROE, peaking at approximately 32.45% in 2023, then projected to decline to around 16.64% by 2025. The ROE trend implies a period of subdued efficiency or challenges in the mid-period, with a strong rebound in shareholder returns during the recent years.
- Overall Observations
- The data reveals that despite fluctuations in net income and ROE, the company has maintained a strong equity base with consistent growth. The substantial expansion in net income and stockholders' equity after 2019 suggests increased operational success or strategic investments yielding higher returns. The elevated ROE levels in recent years further reflect improved profitability in relation to equity. However, projected decreases in net income and ROE towards 2025 indicate potential moderation in growth or profitability going forward.
Comparison to Competitors
Super Micro Computer Inc., ROE, long-term trends, comparison to competitors
| Super Micro Computer Inc. | Apple Inc. | Arista Networks Inc. | Cisco Systems Inc. | Dell Technologies Inc. | |
|---|---|---|---|---|---|
| Jun 30, 2025 | 16.64% | — | — | 21.73% | — |
| Jun 30, 2024 | 21.28% | 164.59% | 28.54% | 22.70% | — |
| Jun 30, 2023 | 32.45% | 156.08% | 28.91% | 28.44% | — |
| Jun 30, 2022 | 20.00% | 196.96% | 27.68% | 29.70% | — |
| Jun 30, 2021 | 10.20% | 150.07% | 21.13% | 25.66% | 131.10% |
| Jun 30, 2020 | 7.91% | 87.87% | 19.11% | 29.57% | — |
| Jun 30, 2019 | 7.64% | 61.06% | 29.71% | 34.62% | — |
| Jun 30, 2018 | 5.47% | 55.56% | 15.31% | 0.25% | — |
| Jun 30, 2017 | 8.64% | 36.07% | 25.46% | 14.53% | — |
| Jun 30, 2016 | 9.99% | 35.62% | 16.63% | 16.89% | — |
| Jun 30, 2015 | 16.46% | 44.74% | 15.37% | 15.04% | — |
| Jun 30, 2014 | 11.55% | 35.42% | 15.63% | 13.86% | — |
| Jun 30, 2013 | 5.70% | 29.98% | — | 16.89% | — |
| Jun 30, 2012 | 8.82% | 35.30% | — | 15.68% | — |
| Jun 30, 2011 | 14.00% | 33.83% | — | 13.74% | — |
| Jun 30, 2010 | 11.98% | 29.32% | — | 17.55% | — |
| Jun 30, 2009 | 9.02% | 20.49% | — | 15.87% | — |
| Jun 30, 2008 | 16.74% | 22.99% | — | 23.44% | — |
| Jun 30, 2007 | 16.69% | 24.06% | — | 23.29% | — |
Based on: 10-K (reporting date: 2025-06-30), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30).
Comparison to Sector (Technology Hardware & Equipment)
Super Micro Computer Inc., ROE, long-term trends, comparison to sector (technology hardware & equipment)
| Super Micro Computer Inc. | Technology Hardware & Equipment | |
|---|---|---|
| Jun 30, 2025 | 16.64% | — |
| Jun 30, 2024 | 21.28% | 96.41% |
| Jun 30, 2023 | 32.45% | 101.96% |
| Jun 30, 2022 | 20.00% | 124.98% |
| Jun 30, 2021 | 10.20% | 97.82% |
| Jun 30, 2020 | 7.91% | 69.73% |
| Jun 30, 2019 | 7.64% | 53.63% |
| Jun 30, 2018 | 5.47% | 39.14% |
| Jun 30, 2017 | 8.64% | 28.85% |
| Jun 30, 2016 | 9.99% | 29.27% |
| Jun 30, 2015 | 16.46% | 34.69% |
| Jun 30, 2014 | 11.55% | 28.07% |
| Jun 30, 2013 | 5.70% | 25.70% |
| Jun 30, 2012 | 8.82% | 29.32% |
| Jun 30, 2011 | 14.00% | 26.14% |
| Jun 30, 2010 | 11.98% | 23.63% |
| Jun 30, 2009 | 9.02% | 17.78% |
| Jun 30, 2008 | 16.74% | 23.25% |
| Jun 30, 2007 | 16.69% | 23.52% |
Based on: 10-K (reporting date: 2025-06-30), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30).
Comparison to Industry (Information Technology)
Super Micro Computer Inc., ROE, long-term trends, comparison to industry (information technology)
| Super Micro Computer Inc. | Information Technology | |
|---|---|---|
| Jun 30, 2025 | 16.64% | — |
| Jun 30, 2024 | 21.28% | 29.31% |
| Jun 30, 2023 | 32.45% | 31.93% |
| Jun 30, 2022 | 20.00% | 39.07% |
| Jun 30, 2021 | 10.20% | 42.41% |
| Jun 30, 2020 | 7.91% | 35.69% |
| Jun 30, 2019 | 7.64% | 36.61% |
| Jun 30, 2018 | 5.47% | 30.39% |
| Jun 30, 2017 | 8.64% | 23.40% |
| Jun 30, 2016 | 9.99% | 23.36% |
| Jun 30, 2015 | 16.46% | 26.17% |
| Jun 30, 2014 | 11.55% | 25.60% |
| Jun 30, 2013 | 5.70% | 24.89% |
| Jun 30, 2012 | 8.82% | 26.24% |
| Jun 30, 2011 | 14.00% | 29.20% |
| Jun 30, 2010 | 11.98% | 27.87% |
| Jun 30, 2009 | 9.02% | 20.26% |
| Jun 30, 2008 | 16.74% | 25.64% |
| Jun 30, 2007 | 16.69% | 23.99% |
Based on: 10-K (reporting date: 2025-06-30), 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30), 10-K (reporting date: 2012-06-30), 10-K (reporting date: 2011-06-30), 10-K (reporting date: 2010-06-30), 10-K (reporting date: 2009-06-30), 10-K (reporting date: 2008-06-30), 10-K (reporting date: 2007-06-30).