Albany International Corporation (AIN)

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	111,120	98,800	82,385	94,914	95,762	106,268	126,436	118,632	118,477	117,378	116,105	117,062	98,589	100,152	110,572	112,272	132,353	120,853	108,544	104,390
Total stockholders’ equity	US$ in thousands	961,368	914,839	910,457	892,586	863,049	816,006	817,673	860,220	873,967	876,603	864,217	822,595	816,066	746,809	703,311	666,961	698,683	659,530	647,868	623,166
ROE		11.56%	10.80%	9.05%	10.63%	11.10%	13.02%	15.46%	13.79%	13.56%	13.39%	13.43%	14.23%	12.08%	13.41%	15.72%	16.83%	18.94%	18.32%	16.75%	16.75%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $111,120K ÷ $961,368K
= 11.56%

To analyze Albany International Corp.'s return on equity (ROE) over the past eight quarters, we observe fluctuations in the ROE values. The ROE has ranged from a low of 9.05% in Q2 2023 to a high of 15.46% in Q2 2022.

The general trend suggests a declining ROE from Q2 2022 to Q2 2023, with periodic fluctuations in between. Q2 2022 stood out as a peak performance period for ROE, which then experienced a gradual decrease over subsequent quarters.

It is crucial for stakeholders to closely monitor this indicator as it reflects the company's efficiency in generating profits from shareholders' equity. The recent decrease in ROE highlights the need for further examination to identify the drivers behind this trend and assess the company's overall financial performance and management effectiveness.