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Viasat (Viasat) ROE % : -9.67% (As of Dec. 2023)


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What is Viasat ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Viasat's annualized net income for the quarter that ended in Dec. 2023 was $-498 Mil. Viasat's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $5,146 Mil. Therefore, Viasat's annualized ROE % for the quarter that ended in Dec. 2023 was -9.67%.

The historical rank and industry rank for Viasat's ROE % or its related term are showing as below:

VSAT' s ROE % Range Over the Past 10 Years
Min: -3.77   Med: 0.08   Max: 33.59
Current: 5.04

During the past 13 years, Viasat's highest ROE % was 33.59%. The lowest was -3.77%. And the median was 0.08%.

VSAT's ROE % is ranked better than
51.18% of 2411 companies
in the Hardware industry
Industry Median: 4.75 vs VSAT: 5.04

Viasat ROE % Historical Data

The historical data trend for Viasat's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Viasat ROE % Chart

Viasat Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.61 -0.01 0.17 -0.62 33.59

Viasat Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.52 149.30 -6.31 -55.15 -9.67

Competitive Comparison of Viasat's ROE %

For the Communication Equipment subindustry, Viasat's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Viasat's ROE % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Viasat's ROE % distribution charts can be found below:

* The bar in red indicates where Viasat's ROE % falls into.



Viasat ROE % Calculation

Viasat's annualized ROE % for the fiscal year that ended in Mar. 2023 is calculated as

ROE %=Net Income (A: Mar. 2023 )/( (Total Stockholders Equity (A: Mar. 2022 )+Total Stockholders Equity (A: Mar. 2023 ))/ count )
=1084.806/( (2633.866+3824.31)/ 2 )
=1084.806/3229.088
=33.59 %

Viasat's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-497.596/( (5189.966+5103.008)/ 2 )
=-497.596/5146.487
=-9.67 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Viasat  (NAS:VSAT) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-497.596/5146.487
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-497.596 / 4514.156)*(4514.156 / 16861.3495)*(16861.3495 / 5146.487)
=Net Margin %*Asset Turnover*Equity Multiplier
=-11.02 %*0.2677*3.2763
=ROA %*Equity Multiplier
=-2.95 %*3.2763
=-9.67 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-497.596/5146.487
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-497.596 / -626.136) * (-626.136 / -175.672) * (-175.672 / 4514.156) * (4514.156 / 16861.3495) * (16861.3495 / 5146.487)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7947 * 3.5642 * -3.89 % * 0.2677 * 3.2763
=-9.67 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Viasat ROE % Related Terms

Thank you for viewing the detailed overview of Viasat's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Viasat (Viasat) Business Description

Traded in Other Exchanges
Address
6155 El Camino Real, Carlsbad, CA, USA, 92009
Viasat Inc provides bandwidth technologies and services in three segments: satellite services, which provides satellite-based high-speed broadband services to consumers, enterprises, and commercial airlines; commercial networks, which develops end-to-end communication and connectivity systems; and government systems, which produces network-centric Internet Protocol-based secure government communication systems. A large majority of the firm's revenue is generated in the United States, with the rest coming from the Americas, Europe, Middle East, Africa, and Asia-Pacific.
Executives
Craig Andrew Miller officer: Pres. Government Systems C/O VIASAT, INC., 6155 EL CAMINO REAL, CARLSBAD CA 92009
Keven K Lippert officer: Vice President General Counsel 6155 EL CAMINO REAL, CARLSBAD CA 92009
Benjamin Edward Palmer officer: President, Maritime C/O VIASAT, INC., 6155 EL CAMINO REAL, CARLSBAD CA 92009
Richard A Baldridge officer: Chief Operating Officer 6155 EL CAMINO REAL, CARLSBAD CA 92009
James Michael Dodd officer: President, Global Mobile 6155 EL CAMINO REAL, CARLSBAD CA 92009
Warburg Pincus (europa) Global Growth (cayman), L.p. 10 percent owner C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Warburg Pincus Llc 10 percent owner 450 LEXINGTON AVENUE, NEW YORK NY 10017
Mark Nieuwendijk 10 percent owner C/O PRETZEL LOGIC BV, WILHELMINALAAN 30, ZEIST P7 3701BL
Luxtopholding Sarl Triton 10 percent owner 1-3 BOULEVARD DE LA FOIRE, LUXEMBOURG N4 L-1528
Logic Bv Pretzel 10 percent owner WILHELMINALAAN 30, ZEIST P7 3701BL
Apax Ix Gp Co. Ltd 10 percent owner THIRD FLOOR, ROYAL BANK PLACE, 1 GLATEGNY ESPLANADE, ST PETER PORT Y7 GY5 7FS
Warburg Pincus (cayman) Global Growth Gp Llc 10 percent owner C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Warburg Pincus (cayman) Global Growth Gp, L.p. 10 percent owner C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Andrew Sukawaty director C/O VIASAT, INC., 6155 EL CAMINO REAL, CARLSBAD CA 92009
Cpp Investment Board Private Holdings (4) Inc. 10 percent owner 1 QUEEN STREET EAST, SUITE 2500, TORONTO A6 M5C 2W5