Arcosa Inc (ACA)
Return on equity (ROE)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 159,200 | 286,700 | 283,200 | 281,300 | 245,800 | 100,400 | 92,100 | 73,900 | 69,600 | 70,900 | 78,400 | 90,900 | 106,600 | 117,200 | 118,700 | 117,200 | 113,300 | 119,900 | 90,400 | |
| Total stockholders’ equity | US$ in thousands | 2,332,000 | 2,315,300 | 2,277,300 | 2,243,200 | 2,184,400 | 2,031,300 | 1,996,000 | 1,977,600 | 1,953,300 | 1,940,900 | 1,920,500 | 1,911,300 | 1,892,200 | 1,881,600 | 1,849,100 | 1,816,000 | 1,790,400 | 1,765,600 | 1,734,300 | 1,705,200 |
| ROE | 6.83% | 12.38% | 12.44% | 12.54% | 11.25% | 4.94% | 4.61% | 3.74% | 3.56% | 3.65% | 4.08% | 4.76% | 5.63% | 6.23% | 6.42% | 6.45% | 6.33% | 6.79% | 5.21% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $159,200K ÷ $2,332,000K
= 6.83%
Arcosa Inc's return on equity (ROE) has shown a fluctuating trend over the past eight quarters. In Q4 2023, the ROE stood at 6.83%, a decrease from the previous quarter's 12.34%. However, the ROE in Q4 2023 was still higher compared to Q4 2022, where it was at 11.21%.
Throughout the quarters in 2023, Arcosa Inc experienced relatively stable ROE figures, ranging from 12.34% to 6.83%. This stability suggests that the company's performance in generating profit relative to shareholders' equity remained consistent during this period.
When comparing the most recent Q4 2023 ROE to the same quarter in the previous year (Q4 2022), there was an increase. This improvement indicates that Arcosa Inc's profitability and efficiency in utilizing shareholders' equity improved year-over-year.
Overall, Arcosa Inc's ROE performance has been relatively steady in 2023, with potential for growth indicated by the increase in the most recent quarter compared to the same period in the previous year. It will be important to monitor future ROE figures to assess the company's ongoing financial performance and efficiency in generating returns for its shareholders.
Peer comparison
Dec 31, 2023