ASGN Inc (ASGN)

Return on equity (ROE)

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Net income (ttm) US$ in thousands 175,200 183,100 195,000 207,900 219,300 224,600 238,400 250,800 268,100 297,500 436,300 428,000 409,900 380,300 220,600 205,200 200,300 184,200 189,300 183,600
Total stockholders’ equity US$ in thousands 1,776,700 1,774,400 1,807,900 1,861,400 1,892,100 1,908,700 1,926,600 1,923,500 1,901,300 1,889,100 1,856,100 1,869,200 1,865,400 1,834,400 1,719,800 1,645,800 1,587,100 1,524,200 1,457,100 1,399,500
ROE 9.86% 10.32% 10.79% 11.17% 11.59% 11.77% 12.37% 13.04% 14.10% 15.75% 23.51% 22.90% 21.97% 20.73% 12.83% 12.47% 12.62% 12.09% 12.99% 13.12%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $175,200K ÷ $1,776,700K
= 9.86%

ASGN Inc's return on equity (ROE) has shown some fluctuations over the years based on the provided data. ROE is a key financial ratio that measures a company's efficiency in generating profits from its shareholders' equity.

From March 31, 2020, to June 30, 2021, ASGN Inc's ROE remained relatively stable, ranging from 12.99% to 13.12%. Subsequently, there was a noticeable increase in ROE, reaching a peak of 23.51% on June 30, 2022. This significant improvement indicates that the company was effectively utilizing its equity to generate higher returns for investors during this period.

However, starting from September 30, 2022, the ROE began to decline, dropping to 9.86% by December 31, 2024. This decreasing trend suggests a potential decrease in the company's profitability relative to its equity base. Investors and analysts may want to further investigate the reasons behind this decline in ROE to assess the company's financial health and performance.

Overall, ASGN Inc's ROE has exhibited both positive and negative trends over the analyzed periods, reflecting the company's ability to generate profits from shareholders' equity, but also indicating potential challenges in maintaining or improving its profitability levels.