ANSYS Inc (ANSS)

Return on equity (ROE)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	500,412	523,710	454,627	433,887	451,295
Total stockholders’ equity	US$ in thousands	5,390,360	4,865,850	4,484,050	4,097,870	3,453,380
ROE		9.28%	10.76%	10.14%	10.59%	13.07%

December 31, 2023 calculation

ROE = Net income ÷ Total stockholders’ equity
= $500,412K ÷ $5,390,360K
= 9.28%

Ansys Inc.'s return on equity (ROE) has exhibited a declining trend over the past five years. The ROE decreased from 13.07% in 2019 to 9.28% in 2023. This indicates a decrease in the company's ability to generate profit from shareholder's equity during this period.

It is important to note that ROE is a key profitability ratio that measures the efficiency with which a company generates profits from its equity capital. A lower ROE can be a concerning indicator for investors as it suggests a decrease in the company's profitability and efficiency in utilizing shareholder funds to generate returns.

Further analysis may be required to understand the factors contributing to the declining trend in Ansys Inc.'s ROE, such as changes in the company's financial structure, profitability, or efficiency. Investors and stakeholders should closely monitor these trends and explore ways to improve the company's ROE to ensure sustainable growth and value creation.