Advanced Energy Industries Inc (AEIS)
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 | 128,284 | 134,527 | 175,973 | 193,803 | 199,660 | 195,570 | 142,407 | 132,846 | 134,736 | 136,922 | 161,545 | 155,280 | 134,675 | 103,098 | 65,092 | 67,634 | 64,941 | 74,083 | 101,241 | 115,916 |
| Total stockholders’ equity | US$ in thousands | 1,144,180 | 1,100,870 | 1,125,280 | 1,095,910 | 1,066,270 | 989,287 | 924,228 | 900,688 | 870,851 | 841,120 | 875,941 | 845,641 | 814,739 | 768,152 | 717,813 | 685,397 | 676,714 | 659,627 | 655,518 | 621,624 |
| ROE | 11.21% | 12.22% | 15.64% | 17.68% | 18.73% | 19.77% | 15.41% | 14.75% | 15.47% | 16.28% | 18.44% | 18.36% | 16.53% | 13.42% | 9.07% | 9.87% | 9.60% | 11.23% | 15.44% | 18.65% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $128,284K ÷ $1,144,180K
= 11.21%
Advanced Energy Industries Inc.'s return on equity (ROE) has exhibited fluctuations over the past eight quarters. ROE decreased from 18.73% in Q4 2022 to 11.21% in Q4 2023, marking a significant downward trend. However, there was a slight recovery in subsequent quarters, with ROE rising to 12.22% in Q3 2023 and further increasing to 15.64% in Q2 2023. The highest ROE during this period was recorded in Q1 2023 at 17.68%.
Despite the fluctuations, Advanced Energy Industries Inc.'s ROE has generally remained above 10% throughout the analyzed period, indicating a healthy growth in shareholder value. It is important to closely monitor future trends in ROE to assess the company's overall profitability and efficiency in generating returns for its shareholders.
Peer comparison
Dec 31, 2023