Return on Equity (ROE)
since 2019
Calculation
Shockwave Medical Inc., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income (loss)1 | ÷ | Stockholders’ equity1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 22.03% | = | 100 | × | 147,278) | ÷ | 668,677) |
| Dec 31, 2022 | 42.24% | = | 100 | × | 215,996) | ÷ | 511,316) |
| Dec 31, 2021 | -3.78% | = | 100 | × | (9,136) | ÷ | 241,830) |
| Dec 31, 2020 | -29.11% | = | 100 | × | (65,699) | ÷ | 225,654) |
| Dec 31, 2019 | -26.53% | = | 100 | × | (51,109) | ÷ | 192,653) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 US$ in thousands
Comparison to Competitors
Shockwave Medical Inc., ROE, long-term trends, comparison to competitors
| Shockwave Medical Inc. | Abbott Laboratories | Cigna Group | CVS Health Corp. | Elevance Health Inc. | Humana Inc. | Intuitive Surgical Inc. | Medtronic PLC | UnitedHealth Group Inc. | |
|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 22.03% | 14.83% | 11.17% | 10.91% | 15.23% | 15.31% | 13.51% | 7.30% | 25.22% |
| Dec 31, 2022 | 42.24% | 18.90% | 14.86% | 5.84% | 16.59% | 18.33% | 11.98% | 9.59% | 25.87% |
| Dec 31, 2021 | -3.78% | 19.75% | 11.39% | 10.54% | 16.93% | 18.24% | 14.32% | 7.01% | 24.09% |
| Dec 31, 2020 | -29.11% | 13.71% | 16.81% | 10.35% | 13.77% | 24.53% | 10.90% | 9.44% | 23.52% |
| Dec 31, 2019 | -26.53% | 11.86% | 11.26% | 10.39% | 15.15% | 22.49% | 16.69% | 9.25% | 24.02% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
Comparison to Sector (Health Care Equipment & Services)
Shockwave Medical Inc., ROE, long-term trends, comparison to sector (health care equipment & services)
| Shockwave Medical Inc. | Health Care Equipment & Services | |
|---|---|---|
| Dec 31, 2023 | 22.03% | 15.02% |
| Dec 31, 2022 | 42.24% | 15.36% |
| Dec 31, 2021 | -3.78% | 15.06% |
| Dec 31, 2020 | -29.11% | 15.16% |
| Dec 31, 2019 | -26.53% | 14.26% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
Comparison to Industry (Health Care)
Shockwave Medical Inc., ROE, long-term trends, comparison to industry (health care)
| Shockwave Medical Inc. | Health Care | |
|---|---|---|
| Dec 31, 2023 | 22.03% | 18.14% |
| Dec 31, 2022 | 42.24% | 22.50% |
| Dec 31, 2021 | -3.78% | 23.00% |
| Dec 31, 2020 | -29.11% | 16.15% |
| Dec 31, 2019 | -26.53% | 21.18% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).