ANSYS Inc (ANSS)

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	500,412	483,597	524,070	553,344	523,710	468,934	458,301	453,217	454,627	467,088	457,373	460,221	433,887	384,107	397,943	411,129	451,295	438,606	438,479	421,325
Total stockholders’ equity	US$ in thousands	5,390,360	5,006,800	4,914,410	4,782,160	4,865,850	4,543,680	4,452,760	4,363,950	4,484,050	4,339,240	4,250,220	4,111,970	4,097,870	3,589,610	3,438,050	3,292,350	3,453,380	2,923,320	2,817,290	2,684,380
ROE		9.28%	9.66%	10.66%	11.57%	10.76%	10.32%	10.29%	10.39%	10.14%	10.76%	10.76%	11.19%	10.59%	10.70%	11.57%	12.49%	13.07%	15.00%	15.56%	15.70%

December 31, 2023 calculation

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

Ansys Inc.'s Return on Equity (ROE) has demonstrated slight fluctuations over the past eight quarters. The ROE ranged from 9.28% to 11.57% during this period, with the highest value observed in Q1 2023. Overall, Ansys Inc. has maintained a relatively stable ROE, hovering around the 10% mark. This indicates that the company has been generating decent profits in relation to its shareholders' equity, showcasing its efficiency in utilizing shareholder funds to generate earnings. However, it is important to continue monitoring the ROE trend to assess the company's profitability and efficiency in the long term.