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MaxLinear (MaxLinear) ROE %

: -22.18% (As of Dec. 2023)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. MaxLinear's annualized net income for the quarter that ended in Dec. 2023 was $-154.0 Mil. MaxLinear's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $694.5 Mil. Therefore, MaxLinear's annualized ROE % for the quarter that ended in Dec. 2023 was -22.18%.

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

MXL' s ROE % Range Over the Past 10 Years
Min: -24.46   Med: -5.77   Max: 21.46
Current: -10.32

During the past 13 years, MaxLinear's highest ROE % was 21.46%. The lowest was -24.46%. And the median was -5.77%.

MXL's ROE % is ranked worse than
80.78% of 978 companies
in the Semiconductors industry
Industry Median: 4.475 vs MXL: -10.32

MaxLinear ROE % Historical Data

The historical data trend for MaxLinear'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.

MaxLinear Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.88 -24.46 9.53 21.46 -10.74

MaxLinear 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 19.24 5.41 -2.35 -21.99 -22.18

Competitive Comparison

For the Semiconductors subindustry, MaxLinear'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.


MaxLinear ROE % Distribution

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

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



MaxLinear ROE % Calculation

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

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-73.147/( (676.385+686.265)/ 2 )
=-73.147/681.325
=-10.74 %

MaxLinear'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 )
=-154/( (702.677+686.265)/ 2 )
=-154/694.471
=-22.18 %

* 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.


MaxLinear  (NAS:MXL) 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
=-154/694.471
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-154 / 501.412)*(501.412 / 1092.022)*(1092.022 / 694.471)
=Net Margin %*Asset Turnover*Equity Multiplier
=-30.71 %*0.4592*1.5725
=ROA %*Equity Multiplier
=-14.1 %*1.5725
=-22.18 %

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
=-154/694.471
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-154 / -170.524) * (-170.524 / -124.38) * (-124.38 / 501.412) * (501.412 / 1092.022) * (1092.022 / 694.471)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9031 * 1.371 * -24.81 % * 0.4592 * 1.5725
=-22.18 %

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.


MaxLinear ROE % Related Terms

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


MaxLinear (MaxLinear) Business Description

Traded in Other Exchanges
Address
5966 La Place Court, Suite 100, Carlsbad, CA, USA, 92008
MaxLinear Inc is a provider of radio frequency and mixed-signal integrated circuits for cable and satellite broadband communications, the connected home, and for data center, metro, and long-haul fiber networks. The company's radio frequency receiver products capture and process digital and analog broadband signals to be decoded for various applications. MaxLinear's product options include both radio frequency receivers and radio frequency receiver systems-on-chips. The company's products enable the distribution and display of broadband video and data content in a wide range of electronic devices. Customers for MaxLinear include original equipment manufacturers, module makers, and original design manufacturers.
Executives
James Lougheed officer: VP, Component Products 48720 KATO ROAD, FREMONT CA 94538
Michael Bollesen officer: Vice President of Sales C/O MAXLINEAR, INC., 5966 LA PLACE COURT, SUITE 100, CARLSBAD CA 92008
Michelle Marie Sayer officer: General Counsel C/O MAXLINEAR, INC., 5966 LA PLACE COURT, SUITE 100, CARLSBAD CA 92008
William Torgerson officer: Vice President, Global Sales 2051 PALOMAR AIRPORT ROAD, SUITE 100, CARLSBAD CA 92011
Daniel A Artusi director 5966 LA PLACE COURT, SUITE 100, CARLSBAD CA 92008
William Kelly Jones officer: VP of Worldwide Operations C/O MAXLINEAR, INC., 5966 LAPLACE COURT, SUITE 100, CARLSBAD CA 92008
Kishore Seendripu director, 10 percent owner, officer: President and CEO 5966 LA PLACE COURT, SUITE 100, CARLSBAD CA 92011
Steven G Litchfield officer: See remarks C/O MAXLINEAR, INC., 5966 LA PLACE COURT, SUITE 100, SAN DIEGO CA 92008
Brendan Walsh officer: VP, Business Development 2051 PALOMAR AIRPORT RD, SUITE 100, CARLSBAD CA 92011
Curtis Ling director, officer: Chief Technical Officer 2051 PALOMAR AIRPORT RD, SUITE 100, CARLSBAD CA 92011
Kwong Connie H. officer: Corporate Controller & PAO C/O MAXLINEAR, INC., 5966 LA PLACE COURT, SUITE 100, CARLSBAD CA 92008
Donald E Schrock director C/O INTEGRATED DEVICE TECHNOLOGY, INC., 6024 SILVER CREEK VALLEY ROAD, SAN JOSE CA 95138
Tsu-jae King Liu director 2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Madhukar Reddy officer: VP, ICs and RF Systems Enginee 2051 PALOMAR AIRPORT RD, SUITE 100, CARLSBAD CA 92011
Greg Dougherty director 40919 ENCYCLOPEDIA CIRCLE, FREMONT CA 94538