KXIAY (Kioxia Holdings) ROE %: 116.52% (As of Mar. 2026) — 8596% Above Median


KXIAY Kioxia Holdings Corp KXIAY
18 GF Score
Price $51.60
! 2 Warning Signs
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What is Kioxia Holdings ROE %?

Kioxia Holdings KXIAY -12.76% 18 ROE % is 116.52% as of Mar. 2026, which is 8596% above its 10-year median of 1.34. GuruFocus rates KXIAY with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 1,002 Semiconductors companies, Kioxia Holdings ranks better than 97.01% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Kioxia Holdings's annualized net income for the quarter that ended in Mar. 2026 was $8,792 Mil. Kioxia Holdings's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $7,546 Mil. Therefore, Kioxia Holdings's annualized ROE % for the quarter that ended in Mar. 2026 was 116.52%.

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

KXIAY' s ROE % Range Over the Past 10 Years
Min: -26.32   Med: 1.34   Max: 59.06
Current: 59.06

During the past 5 years, Kioxia Holdings's highest ROE % was 59.06%. The lowest was -26.32%. And the median was 1.34%.

KXIAY's ROE % is ranked better than
97.01% of 1002 companies
in the Semiconductors industry
Industry Median: 4.55 vs KXIAY: 59.06

Kioxia Holdings  (OTCPK:KXIAY) 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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=8792.236/7545.8785
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(8792.236 / 5336.612)*(5336.612 / 21872.6605)*(21872.6605 / 7545.8785)
=Net Margin %*Asset Turnover*Equity Multiplier
=164.75 %*0.244*2.8986
=ROA %*Equity Multiplier
=40.2 %*2.8986
=116.52 %

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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=8792.236/7545.8785
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (8792.236 / 12460.968) * (12460.968 / 11746.08) * (11746.08 / 5336.612) * (5336.612 / 21872.6605) * (21872.6605 / 7545.8785)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7056 * 1.0609 * 220.1 % * 0.244 * 2.8986
=116.52 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.


Kioxia Holdings ROE % Related Terms


Kioxia Holdings ROE % Historical Data

* Premium members only.

The historical data trend for Kioxia Holdings'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.

Kioxia Holdings ROE % Chart

Kioxia Holdings Annual Data
Trend Mar19 Mar20 Mar24 Mar25 Mar26
ROE %
1.34 -21.67 -22.93 28.90 50.77

Kioxia Holdings Quarterly Data
Mar19 Jun19 Mar20 Jun20 Mar24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 11.31 9.92 20.36 63.73 116.52

KXIAY vs NVDA, AVGO, MU: ROE % Comparison

For the Semiconductors subindustry, Kioxia Holdings'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.


Kioxia Holdings ROE % vs Semiconductors Industry

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

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


KXIAY
18GF Score
Kioxia Holdings Corp KXIAY
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kioxia Holdings ROE % Calculation

Kioxia Holdings's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=3494.332/( (4948.188+8815.889)/ 2 )
=3494.332/6882.0385
=50.77 %

Kioxia Holdings's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=8792.236/( (6275.868+8815.889)/ 2 )
=8792.236/7545.8785
=116.52 %

* 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 (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 116.52% mean?
Kioxia Holdings (KXIAY) has a ROE % of 116.52% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Kioxia Holdings and its competitors. This is 8596% above median its historical median of 1.34. According to the industry distribution chart, Kioxia Holdings ranks #30 out of 1002 companies in the Semiconductors industry, placing it in the top 3%.
Is Kioxia Holdings' ROE % too high?
Kioxia Holdings' current ROE % of 116.52% is 8596% above median its 10-year median of 1.34. The Semiconductors industry median ROE % is 4.55. Kioxia Holdings' value of 116.52% is 2460.9% above this industry median. Based on the distribution chart, Kioxia Holdings ranks #30 out of 1002 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Kioxia Holdings has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Kioxia Holdings' ROE % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Kioxia Holdings ranks #30 out of 1002 companies for ROE %. This places Kioxia Holdings in the top 3% of its industry — outperforming the majority of peers. The industry median ROE % is 4.55. Kioxia Holdings' value of 116.52% is 2460.9% above this benchmark. While the company's 10-year median is 1.34 vs. the industry median of 4.55, Kioxia Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Semiconductors company?
The median ROE % among Semiconductors companies is 4.55, based on 1,002 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kioxia Holdings's current ROE % of 116.52% is 2460.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Kioxia Holdings and its competitors. For the Semiconductors industry, the median ROE % is 4.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kioxia Holdings's current ROE % is 116.52%, which is 8596% above median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kioxia Holdings stock overvalued right now?
Kioxia Holdings (KXIAY) has a current ROE % of 116.52%. The current ROE % is 116.52%, which is 8596% above median its 10-year median of 1.34 and 2460.9% above the Semiconductors industry median of 4.55. Kioxia Holdings' overall GF Score™ is 18/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Kioxia Holdings (KXIAY), the current ROE % is 116.52% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Kioxia Holdings Business Description

Other Exchanges 285A:JapanKI5:Germany
Address 3-1-21, Shibaura, Minato-ku, Tokyo, JPN, 108-0023
Kioxia Holdings is a Japan-based semiconductor memory manufacturer focusing on NAND memory chips. The company is currently the third-largest NAND supplier globally, with a 14% market share as of 2024. The largest single shareholder of Kioxia is currently Toshiba, which had a 21.9% stake as of November 2025. Kioxia operates nine fabs across Japan: seven in Yokkaichi and two in Kitakami. They are mostly run via a joint venture with Sandisk, Flash Ventures. Flash Ventures is 51% owned by Kioxia. The company's memory chips are used in various consumer electronics and enterprise infrastructure, such as PCs, smartphones, servers, and USB sticks. Of Kioxia's revenue, 51% comes from the sales of NAND memory used in solid-state drives, which are used in PCs and servers.
18GF Score

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$51.60
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