Aecom Technology Corporation (ACM)
Return on equity (ROE)
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 402,266 | 255,191 | -13,783 | 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 |
| Total stockholders’ equity | US$ in thousands | 2,184,200 | 2,298,330 | 2,198,670 | 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 |
| ROE | 18.42% | 11.10% | -0.63% | 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% |
September 30, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $402,266K ÷ $2,184,200K
= 18.42%
Aecom Technology Corporation's return on equity (ROE) has fluctuated over the past two years, with varied performance levels observed in different quarters. From December 2019 to September 2020, the ROE was negative, indicating that the company was generating losses relative to its equity. However, from March 2020 to September 2021, there was a gradual improvement, with positive but relatively low ROE figures ranging from 6.39% to 18.42%.
The highest ROE of 18.42% was achieved in September 2024, indicating that Aecom was efficiently generating profit from its shareholders' equity investments during that quarter. Conversely, the lowest ROE of -12.35% occurred in June 2022, highlighting a period of poor performance in terms of generating returns on equity.
Overall, Aecom's ROE performance suggests fluctuations in profitability and efficiency in generating returns for shareholders over the analyzed periods. Further analysis of the company's financial and operational strategies would be beneficial to understand the drivers behind these fluctuations and to assess the sustainability of its ROE levels.
Peer comparison
Sep 30, 2024