Amphenol Corporation (APH)

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	1,928,000	1,921,100	1,903,800	1,915,800	1,902,300	1,859,800	1,789,700	1,687,000	1,590,900	1,482,900	1,403,000	1,290,900	1,203,400	1,165,100	1,098,800	1,129,500	1,154,900	1,174,300	1,210,600	1,207,000
Total stockholders’ equity	US$ in thousands	8,346,500	7,856,800	7,513,700	7,308,100	7,015,600	6,570,900	6,464,300	6,426,100	6,302,000	5,945,900	5,715,500	5,461,000	5,384,900	5,040,200	4,738,600	4,385,800	4,530,300	4,155,300	4,148,300	4,123,100
ROE		23.10%	24.45%	25.34%	26.21%	27.12%	28.30%	27.69%	26.25%	25.24%	24.94%	24.55%	23.64%	22.35%	23.12%	23.19%	25.75%	25.49%	28.26%	29.18%	29.27%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,928,000K ÷ $8,346,500K
= 23.10%

Amphenol Corp.'s return on equity (ROE) has been gradually declining over the past eight quarters, from 28.30% in Q3 2022 to 23.10% in Q4 2023. This downward trend indicates a decreasing profitability relative to the shareholder's equity. The company's ROE peaked in Q3 2022 at 28.30% and has since experienced a steady decline.

While a high ROE generally signifies strong financial performance, the decreasing trend in Amphenol Corp.'s ROE may raise concerns about the company's ability to efficiently generate profits from its equity base. It is essential for stakeholders to closely monitor this trend and identify factors impacting the company's profitability to address any potential challenges and improve performance in the future.

Amphenol Corporation (APH)

Return on equity (ROE)

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