GitLab Inc.

GitLab Inc.verified

GTLB

Price:

$54.15

Market Cap:

$8.69B

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.[Read more]

Industry

Software - Application

IPO Date

2021-10-14

Stock Exchange

NASDAQ

Ticker

GTLB

The ROE as of September 2024 (TTM) for GitLab Inc. (GTLB) is -62.41%

According to GitLab Inc.’s latest financial reports and current stock price. The company's current ROE is -62.41%. This represents a change of 277.32% compared to the average of -16.54% of the last 4 quarters.

GitLab Inc. (GTLB) Historical ROE (quarterly & annually)

How has GTLB ROE performed in the past?

The mean historical ROE of GitLab Inc. over the last ten years is 12.42%. The current -62.41% ROE has changed -602.42% 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%.

Quarterly (TTM)
Annual

Average

12.42%

Median

-20.33%

Minimum

-74.26%

Maximum

97.03%

GitLab Inc. (GTLB) ROE by Quarter and Year

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 = 216.88%

Maximum Annual ROE = 97.03%

Minimum Annual Increase = -124.46%

Minimum Annual ROE = -74.26%

Quarterly (TTM)
Annual
YearROEChange
2024-74.26%216.88%
2023-23.44%15.26%
2022-20.33%-124.46%
202183.12%-14.33%

GitLab Inc. (GTLB) Average ROE

How has GTLB ROE performed in the past?

The current ROE of GitLab Inc. (GTLB) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

-39.34%

5-year avg

12.42%

10-year avg

12.42%

GitLab Inc. (GTLB) ROE vs. Peers

How is GTLB’s ROE compared to its peers?

GitLab Inc.’s ROE is greater than Bill.com Holdings, Inc. (-0.71%), less than Datadog, Inc. (7.73%), greater than Asana, Inc. (-81.88%), greater than Atlassian Corporation (-31.25%), less than The Trade Desk, Inc. (11.40%), less than ServiceNow, Inc. (14.51%), greater than Snowflake Inc. (-21.65%), greater than Unity Software Inc. (-24.81%), less than monday.com Ltd. (4.93%), less than ZoomInfo Technologies Inc. (0.75%), greater than HubSpot, Inc. (-1.98%), less than DocuSign, Inc. (76.10%), less than Workday, Inc. (19.75%),

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