ANSYS Inc (ANSS)
Return on equity (ROE)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 575,692 | 500,412 | 523,710 | 454,627 | 433,887 |
Total stockholders’ equity | US$ in thousands | 6,086,440 | 5,390,360 | 4,865,850 | 4,484,050 | 4,097,870 |
ROE | 9.46% | 9.28% | 10.76% | 10.14% | 10.59% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $575,692K ÷ $6,086,440K
= 9.46%
Over the past five years, ANSYS Inc's return on equity (ROE) has shown a relatively stable performance, with the ratio fluctuating within a narrow range. The company's ROE was 10.59% as of December 31, 2020, and gradually decreased to 9.46% by December 31, 2024. Despite the minor fluctuations, ANSYS Inc has maintained a ROE above 9% consistently over the period, indicating that the company has been generating a decent return for its shareholders relative to the amount of equity invested. However, the downward trend in ROE over the years may warrant further investigation into the company's profitability and efficiency in generating profits from shareholders' equity.
Peer comparison
Dec 31, 2024