Belden Inc (BDC)
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 | 198,433 | 178,516 | 197,171 | 216,880 | 242,759 | 266,259 | 292,206 | 282,014 | 254,663 | 142,927 | 85,897 | 71,100 | 63,925 | 120,630 | 96,362 | -15,307 | -55,162 | -209,506 | -523,511 | -413,406 |
Total stockholders’ equity | US$ in thousands | 1,294,740 | 1,235,210 | 1,219,850 | 1,155,840 | 1,166,260 | 1,199,400 | 1,162,970 | 1,133,520 | 1,143,010 | 1,133,810 | 1,048,200 | 946,770 | 955,287 | 939,518 | 867,751 | 839,092 | 750,581 | 792,396 | 823,919 | 947,243 |
ROE | 15.33% | 14.45% | 16.16% | 18.76% | 20.82% | 22.20% | 25.13% | 24.88% | 22.28% | 12.61% | 8.19% | 7.51% | 6.69% | 12.84% | 11.10% | -1.82% | -7.35% | -26.44% | -63.54% | -43.64% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $198,433K ÷ $1,294,740K
= 15.33%
The Return on Equity (ROE) of Belden Inc has shown a gradual improvement starting from negative figures in 2020 to positive percentages in the subsequent years.
From negative returns in 2020 and early 2021, the company managed to turn around its performance, achieving double-digit ROE percentages by the middle of 2021. The positive trend continued throughout 2022 and into 2024, albeit with some fluctuations.
By the end of 2024, the ROE stood at 15.33%, signaling a substantial improvement compared to the negative figures seen in the previous years. This demonstrates that Belden Inc has been able to effectively utilize its equity to generate profits for its shareholders over time, reflecting a more favorable financial performance and potentially increased shareholder value.
Peer comparison
Dec 31, 2024