Adient PLC (ADNT)
Return on equity (ROE)
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 18,000 | 205,000 | -120,000 | 1,108,000 | -547,000 |
| Total stockholders’ equity | US$ in thousands | 2,134,000 | 2,228,000 | 2,073,000 | 2,376,000 | 1,213,000 |
| ROE | 0.84% | 9.20% | -5.79% | 46.63% | -45.09% |
September 30, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $18,000K ÷ $2,134,000K
= 0.84%
The return on equity (ROE) for Adient PLC has exhibited significant fluctuations over the past five years.
- In September 2024, the ROE was 0.84%, representing a decrease from the previous year's 9.20%. This decline could indicate a potential decrease in the company's profitability and efficiency in generating returns for its shareholders.
- The ROE was negative in September 2022 at -5.79%, suggesting that the company's net income was not sufficient to cover its shareholders' equity. This may raise concerns about the company's financial health and sustainability.
- September 2021 witnessed a substantial increase in ROE to 46.63%, indicating a significant improvement in the company's profitability and efficiency in that year. This could be attributed to increased income or effective management of the company's assets and liabilities.
- Conversely, September 2020 reported a significantly negative ROE of -45.09%, reflecting a period of poor financial performance and inefficiency in generating returns for shareholders.
Overall, the fluctuating ROE of Adient PLC over the past five years suggests volatility in the company's financial performance and efficiency in utilizing shareholder equity. Investors and stakeholders may need to closely monitor the company's financial health and management strategies to assess its long-term sustainability.
Peer comparison
Sep 30, 2024