Globalfoundries Return On Equity from 2010 to 2024

GFS Stock  USD 42.80  0.80  1.90%   
Globalfoundries Return On Equity yearly trend continues to be comparatively stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of Globalfoundries in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.09185879
Current Value
0.0965
Quarterly Volatility
0.11177601
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Globalfoundries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Globalfoundries' main balance sheet or income statement drivers, such as Tax Provision of 59.4 M, Net Interest Income of 2.1 M or Interest Income of 156.4 M, as well as many indicators such as Price To Sales Ratio of 6.36, Dividend Yield of 0.0 or PTB Ratio of 4.77. Globalfoundries financial statements analysis is a perfect complement when working with Globalfoundries Valuation or Volatility modules.
  
Check out the analysis of Globalfoundries Correlation against competitors.
For more information on how to buy Globalfoundries Stock please use our How to Invest in Globalfoundries guide.

Latest Globalfoundries' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Globalfoundries over the last few years. Return on Equity is the amount of Globalfoundries net income returned as a percentage of Globalfoundries equity. Return on equity measures Globalfoundries profitability by revealing how much profit Globalfoundries generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Globalfoundries' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Globalfoundries' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.066510 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Globalfoundries Return On Equity Regression Statistics

Arithmetic Mean(0.09)
Geometric Mean0.13
Coefficient Of Variation(119.27)
Mean Deviation0.09
Median(0.15)
Standard Deviation0.11
Sample Variance0.01
Range0.3343
R-Value0.72
Mean Square Error0.01
R-Squared0.52
Significance0
Slope0.02
Total Sum of Squares0.17

Globalfoundries Return On Equity History

2024 0.0965
2023 0.0919
2022 0.15
2021 -0.0316
2020 -0.19

About Globalfoundries Financial Statements

Globalfoundries shareholders use historical fundamental indicators, such as Return On Equity, to determine how well the company is positioned to perform in the future. Although Globalfoundries investors may analyze each financial statement separately, they are all interrelated. The changes in Globalfoundries' assets and liabilities, for example, are also reflected in the revenues and expenses on on Globalfoundries' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Equity 0.09  0.10 

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Additional Tools for Globalfoundries Stock Analysis

When running Globalfoundries' price analysis, check to measure Globalfoundries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Globalfoundries is operating at the current time. Most of Globalfoundries' value examination focuses on studying past and present price action to predict the probability of Globalfoundries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globalfoundries' price. Additionally, you may evaluate how the addition of Globalfoundries to your portfolios can decrease your overall portfolio volatility.