AAON Inc (AAON)
Return on equity (ROE)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 168,559 | 190,918 | 186,371 | 179,825 | 177,623 | 169,472 | 148,867 | 119,131 | 100,376 | 67,664 | 55,772 | 60,441 | 58,758 | 71,464 | 76,343 | 73,532 | 79,009 | 76,138 | 69,968 | 65,555 |
| Total stockholders’ equity | US$ in thousands | 824,582 | 796,856 | 740,498 | 784,808 | 735,224 | 682,484 | 660,111 | 609,414 | 560,714 | 523,858 | 490,506 | 480,156 | 466,170 | 400,279 | 383,726 | 373,038 | 350,865 | 344,892 | 322,695 | 306,323 |
| ROE | 20.44% | 23.96% | 25.17% | 22.91% | 24.16% | 24.83% | 22.55% | 19.55% | 17.90% | 12.92% | 11.37% | 12.59% | 12.60% | 17.85% | 19.90% | 19.71% | 22.52% | 22.08% | 21.68% | 21.40% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $168,559K ÷ $824,582K
= 20.44%
AAON Inc's return on equity (ROE) has fluctuated over the past few years, ranging from a high of 25.17% in June 2024 to a low of 11.37% in June 2022. The general trend shows some variability, with occasional periods of increase followed by decreases.
In recent quarters, we observe a downward trend in ROE, dropping from 24.16% in December 2023 to 20.44% in December 2024. This decline could indicate potential challenges in generating profits relative to shareholders' equity.
It is essential for AAON Inc to closely monitor and analyze the factors influencing ROE to ensure sustainable growth and value creation for its shareholders. Factors such as profitability, asset utilization, and leverage should be carefully assessed to improve and maintain a healthy ROE.
Peer comparison
Dec 31, 2024