Ametek Inc (AME)
Return on equity (ROE)
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 1,376,124 | 1,331,731 | 1,331,860 | 1,318,419 | 1,313,188 | 1,277,405 | 1,234,676 | 1,192,807 | 1,159,542 | 1,134,142 | 1,093,961 | 1,043,267 | 990,053 | 929,397 | 876,518 | 811,056 | 872,439 | 872,191 | 888,359 | 937,645 |
Total stockholders’ equity | US$ in thousands | 9,655,300 | 9,550,220 | 9,252,400 | 8,968,220 | 8,730,190 | 8,342,510 | 8,081,370 | 7,757,120 | 7,476,510 | 7,132,670 | 6,950,090 | 6,931,690 | 6,871,880 | 6,558,400 | 6,343,300 | 6,120,750 | 5,949,350 | 5,704,190 | 5,486,440 | 5,326,000 |
ROE | 14.25% | 13.94% | 14.39% | 14.70% | 15.04% | 15.31% | 15.28% | 15.38% | 15.51% | 15.90% | 15.74% | 15.05% | 14.41% | 14.17% | 13.82% | 13.25% | 14.66% | 15.29% | 16.19% | 17.61% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,376,124K ÷ $9,655,300K
= 14.25%
From March 31, 2020, to December 31, 2024, the return on equity (ROE) of Ametek Inc has shown a fluctuating trend. Starting at 17.61% in March 2020, the ROE declined gradually to around 13.25% by March 2021. There was a slight recovery in the following quarters, with a peak of 15.90% in September 2022. However, from there, the ROE experienced some volatility, dropping to 13.94% by September 2024 before rising to 14.25% by December 2024.
Overall, the ROE trend reflects some instability in Ametek Inc's profitability and efficiency in generating returns for its shareholders over the period under review. It is important for the company to continue monitoring and managing its ROE to ensure sustainable growth and value creation for its stakeholders in the future.
Peer comparison
Dec 31, 2024