Adtalem Global Education Inc (ATGE)
Return on equity (ROE)
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 237,065 | 232,272 | 208,261 | 172,296 | 136,777 | 109,602 | 118,650 | 103,412 | 98,612 | 78,832 | 38,820 | 32,020 | -31,830 | -25,282 | -6,487 | -1,025 | 76,909 | -188,155 | -61,975 | -79,765 |
| Total stockholders’ equity | US$ in thousands | 1,433,620 | 1,432,710 | 1,438,910 | 1,389,950 | 1,369,140 | 1,320,960 | 1,369,400 | 1,378,660 | 1,457,340 | 1,510,380 | 1,522,720 | 1,510,040 | 1,505,070 | 1,491,310 | 1,287,890 | 1,265,180 | 1,301,070 | 1,306,220 | 1,313,780 | 1,330,970 |
| ROE | 16.54% | 16.21% | 14.47% | 12.40% | 9.99% | 8.30% | 8.66% | 7.50% | 6.77% | 5.22% | 2.55% | 2.12% | -2.11% | -1.70% | -0.50% | -0.08% | 5.91% | -14.40% | -4.72% | -5.99% |
June 30, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $237,065K ÷ $1,433,620K
= 16.54%
The analysis of Adtalem Global Education Inc.'s return on equity (ROE) over the specified period reveals a trajectory marked by significant fluctuations prior to a steady upward trend. Initially, the company experienced negative ROE figures, with September 2020 registering at -5.99% and December 2020 improving slightly to -4.72%. This negative performance persisted through March 2021, when the ROE deteriorated further to -14.40%, indicating periods where the company's net income was insufficient to offset shareholders' equity, potentially due to operational challenges or restructuring costs.
However, starting in June 2021, a notable turnaround occurred, with ROE shifting into positive territory at 5.91%. Although slight declines ensued in subsequent quarters—such as September 2021 at -0.08% and December 2021 at -0.50%—the positive trend remained intact, with marginal improvements. Through 2022, the ROE remained modest but generally positive, ending the year at 2.55%.
From the first quarter of 2023 onwards, a consistent and robust upward trend is evident. The ROE increased from 5.22% in March 2023 to 6.77% in June 2023, reaching 7.50% by September 2023. The momentum accelerated further into the subsequent quarters, culminating in an ROE of 8.66% by December 2023. The growth persisted into early 2024, with March reporting 8.30%, June 2024 at 9.99%, and September 2024 at 12.40%. The positive momentum continued into the first half of 2025, with ROE reaching 14.47% in December 2024, and further improving to 16.21% in March 2025 and 16.54% in June 2025.
Overall, the trend indicates a significant recovery from prior losses and negative returns, with the company's profitability relative to shareholders' equity improving markedly over the analyzed period. The consistent increase in ROE in recent periods suggests enhanced operational efficiency, improved net income generation, and effective management strategies, positioning the company on a growth trajectory aligned with increased shareholder value.
Peer comparison
Jun 30, 2025