Aecom Technology Corporation (ACM)
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 | 61,825 | 55,332 | 135,459 | 372,048 | 336,990 | 310,593 | 301,193 | 210,805 | 208,648 | 173,200 | -153,300 | -75,400 | -200,900 | -186,400 | -430,300 | -436,000 | -272,100 | -261,100 | 297,100 | 274,300 |
| Total stockholders’ equity | US$ in thousands | 2,247,300 | 2,212,330 | 2,454,760 | 2,594,340 | 2,555,630 | 2,476,650 | 2,451,010 | 2,531,440 | 2,510,670 | 2,712,470 | 2,708,040 | 2,822,970 | 2,908,200 | 3,292,560 | 3,744,890 | 3,531,500 | 3,673,000 | 3,690,580 | 4,303,000 | 4,199,940 |
| ROE | 2.75% | 2.50% | 5.52% | 14.34% | 13.19% | 12.54% | 12.29% | 8.33% | 8.31% | 6.39% | -5.66% | -2.67% | -6.91% | -5.66% | -11.49% | -12.35% | -7.41% | -7.07% | 6.90% | 6.53% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $61,825K ÷ $2,247,300K
= 2.75%
The return on equity (ROE) of AECOM has displayed fluctuations over the past eight quarters. In Q1 2024, the ROE stood at 2.75%, a slight increase from the previous quarter's 2.50% in Q4 2023. Prior to this, there was a significant drop in ROE from 5.52% in Q3 2023 to 2.50% in Q4 2023.
Going further back, the ROE exhibited a sharp decline from 14.34% in Q2 2023 to 13.19% in Q1 2023. The trend reversed in Q4 2022, where the ROE was 12.54%, and further improved to 12.29% in Q3 2022. In Q2 2022, the ROE was recorded at 8.33%.
Overall, the ROE of AECOM has been somewhat volatile, experiencing fluctuations in performance over the past eight quarters. Investors and stakeholders may want to delve deeper into the company's financials and operations to understand the factors driving these variations in ROE.
Peer comparison
Dec 31, 2023