GTLB
Price:
$37.51
Market Cap:
$6.20B
GitLab Inc., through its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific. The company offers GitLab, a DevOps platform, which is a single application that leads to faster cycle time and allows visibility throughout and control over various stages of the DevOps lifecycle. It helps organizations to plan, build, secure, and deploy software to drive business outcomes. The company also provides related training and professional services. The company was formerly known as GitLab B.V. and changed its name to GitLab Inc. in July 2015. The company was founded in 2011 and is headquartered in San Francisco, California.
Industry
Software - Application
IPO Date
2021-10-14
Stock Exchange
NASDAQ
Ticker
GTLB
According to GitLab Inc.’s latest financial reports and current stock price. The company's current ROE is -5.05%. This represents a change of 303.21% compared to the average of -1.25% of the last 4 quarters.
The mean historical ROE of GitLab Inc. over the last ten years is 10.13%. The current -5.05% ROE has changed -149.84% with respect to the historical average. Over the past ten years (40 quarters), GTLB's ROE was at its highest in in the January 2021 quarter at 51.91%. The ROE was at its lowest in in the October 2023 quarter at -52.17%.
Average
10.13%
Median
-10.42%
Minimum
-76.04%
Maximum
97.03%
Discovering the peaks and valleys of GitLab Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 238.12%
Maximum Annual ROE = 97.03%
Minimum Annual Increase = -124.09%
Minimum Annual ROE = -76.04%
| Year | ROE | Change |
|---|---|---|
| 2025 | -0.82% | -98.93% |
| 2024 | -76.04% | 238.12% |
| 2023 | -22.49% | 12.33% |
| 2022 | -20.02% | -124.09% |
| 2021 | 83.12% | -14.33% |
The current ROE of GitLab Inc. (GTLB) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
-33.12%
5-year avg
-7.25%
10-year avg
10.13%
GitLab Inc.’s ROE is less than NICE Ltd. (14.93%), less than Lyft, Inc. (20.71%), greater than ServiceTitan, Inc. (-31.33%), less than Paylocity Holding Corporation (19.12%), greater than Match Group, Inc. (-320.65%), greater than SoundHound AI, Inc. (-93.43%), less than Sportradar Group AG (11.65%), less than Life360, Inc. (7.95%), less than The Descartes Systems Group Inc. (10.44%), less than AppFolio, Inc. (42.10%),
| Company | ROE | Market cap |
|---|---|---|
| 14.93% | $6.68B | |
| 20.71% | $8.99B | |
| -31.33% | $8.88B | |
| 19.12% | $8.12B | |
| -320.65% | $8.00B | |
| -93.43% | $5.38B | |
| 11.65% | $6.85B | |
| 7.95% | $5.91B | |
| 10.44% | $8.12B | |
| 42.10% | $8.47B |
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