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.
Peer comparison
Dec 31, 2024