Addus HomeCare Corporation (ADUS)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 73,598 | 62,516 | 46,025 | 45,126 | 33,133 |
| Total stockholders’ equity | US$ in thousands | 970,492 | 706,694 | 633,540 | 574,344 | 518,676 |
| ROE | 7.58% | 8.85% | 7.26% | 7.86% | 6.39% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $73,598K ÷ $970,492K
= 7.58%
Based on the provided data, Addus HomeCare Corporation's return on equity (ROE) has shown fluctuations over the years, moving from 6.39% as of December 31, 2020, to 7.86% by December 31, 2021. The ROE then slightly decreased to 7.26% by December 31, 2022, before experiencing an increase to 8.85% by December 31, 2023. However, by December 31, 2024, the ROE declined to 7.58%.
Overall, Addus HomeCare Corporation's ROE demonstrates some variability, suggesting that the company's profitability in relation to shareholders' equity has not remained consistently high or low. It is essential to monitor these fluctuations and assess the factors contributing to changes in ROE over time to gain a deeper understanding of the company's financial performance and efficiency in generating returns for its shareholders.
Peer comparison
Dec 31, 2024