Acadia Healthcare Company Inc (ACHC)

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 -21,667 -18,272 270,537 278,317 273,139 282,293 277,320 241,755 190,635 -663,315 -692,443 -695,878 -672,132 100,286 105,854 112,915 108,923 -211,460 -207,794 -197,098
Total stockholders’ equity US$ in thousands 2,781,970 2,712,560 2,921,020 2,839,600 2,812,730 2,743,710 2,663,040 2,574,510 2,517,490 2,434,450 2,356,590 2,298,000 1,899,460 2,606,640 2,503,340 2,464,170 2,505,380 2,420,690 2,422,350 2,403,340
ROE -0.78% -0.67% 9.26% 9.80% 9.71% 10.29% 10.41% 9.39% 7.57% -27.25% -29.38% -30.28% -35.39% 3.85% 4.23% 4.58% 4.35% -8.74% -8.58% -8.20%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-21,667K ÷ $2,781,970K
= -0.78%

Acadia Healthcare Company Inc's return on equity (ROE) has exhibited variability over the past eight quarters. The ROE ratio represents the company's profitability in relation to shareholders' equity.

From Q1 2022 to Q2 2023, Acadia Healthcare Company Inc's ROE showed a generally positive trend, with the ratio ranging from 9.26% to 10.41%. However, there was a significant decline in ROE in Q4 2023, dropping to -0.78%. This negative ROE indicates the company's net income was insufficient to cover shareholders' equity, raising concerns about profitability and operational efficiency.

It is important for investors and stakeholders to closely monitor Acadia Healthcare Company Inc's financial performance to understand the factors influencing its ROE fluctuations and to assess the company's ability to generate returns for shareholders from their investment in the company.