American Woodmark Corporation (AMWD)
Return on equity (ROE)
| Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 116,216 | 119,559 | 113,060 | 111,503 | 93,723 | 78,106 | 14,121 | -12,633 | -29,722 | -40,679 | 27,023 | 48,115 | 61,193 | 70,430 | 74,148 | 77,907 | 83,872 | 97,949 | 94,274 | 92,160 |
| Total stockholders’ equity | US$ in thousands | 910,376 | 896,910 | 895,580 | 894,365 | 873,788 | 843,140 | 829,179 | 792,538 | 772,883 | 750,953 | 743,139 | 737,101 | 756,238 | 775,993 | 756,546 | 732,006 | 689,285 | 674,908 | 651,168 | 632,473 |
| ROE | 12.77% | 13.33% | 12.62% | 12.47% | 10.73% | 9.26% | 1.70% | -1.59% | -3.85% | -5.42% | 3.64% | 6.53% | 8.09% | 9.08% | 9.80% | 10.64% | 12.17% | 14.51% | 14.48% | 14.57% |
April 30, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $116,216K ÷ $910,376K
= 12.77%
The return on equity (ROE) of American Woodmark Corporation has shown fluctuations over the past few years. In the most recent period, the ROE was 12.77%, which indicates that the company generated a return of 12.77% on each dollar of shareholder equity during that time.
The ROE has been relatively stable around the 10-14% range in the past few years, with some variations. There was a notable increase in ROE from 2018 to 2019, reaching around 14-15%, indicating improved profitability and efficiency in that period. However, there was a slight decline in ROE in the most recent periods compared to the peak in 2019.
Despite some fluctuations, the company has generally maintained a positive ROE, reflecting its ability to generate profits from the capital invested by shareholders. It is important for investors to monitor ROE trends over time to assess the company's performance and management effectiveness in generating returns for shareholders.