Autoliv Inc (ALV)

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	488,000	417,000	388,000	414,000	423,000	382,000	337,000	362,000	436,000	509,500	547,500	268,500	186,500	153,600	141,000	425,100	461,500	212,900	245,000	173,100
Total stockholders’ equity	US$ in thousands	2,557,000	2,473,000	2,545,000	2,627,000	2,613,000	2,478,000	2,544,000	2,659,000	2,633,000	2,558,000	2,600,000	2,507,000	2,409,000	2,099,800	1,941,500	2,031,000	2,109,200	1,986,700	2,024,100	1,960,500
ROE		19.08%	16.86%	15.25%	15.76%	16.19%	15.42%	13.25%	13.61%	16.56%	19.92%	21.06%	10.71%	7.74%	7.31%	7.26%	20.93%	21.88%	10.72%	12.10%	8.83%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $488,000K ÷ $2,557,000K
= 19.08%

Autoliv Inc.'s return on equity (ROE) has shown consistently positive performance over the last eight quarters. The ROE ranged from 13.25% to 19.05% during this period, indicating a relatively stable return on equity for the company.

The upward trend in ROE from Q1 2022 to Q4 2023 suggests that Autoliv Inc. has been effectively utilizing its shareholders' equity to generate profits. The ROE peaked at 19.05% in Q4 2023, reflecting a strong performance in that quarter.

Overall, Autoliv Inc.'s ROE performance indicates that the company has been successful in generating value from its equity investments and operating efficiently to deliver returns to its shareholders.