Belden Inc (BDC)
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 | 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 | -377,015 | -186,081 | 196,809 | 183,478 |
| Total stockholders’ equity | US$ in thousands | 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 | 959,847 | 1,138,700 | 1,428,210 | 1,430,910 |
| ROE | 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% | -39.28% | -16.34% | 13.78% | 12.82% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $242,759K ÷ $1,166,260K
= 20.82%
Belden Inc's return on equity (ROE) has been exhibiting a positive trend over the past eight quarters. ROE increased steadily from 7.51% in Q1 2022 to a peak of 25.13% in Q2 2023 before slightly declining to 20.82% in Q4 2023. This demonstrates the company's ability to generate profit from the shareholders' equity invested in the business.
The improvement in ROE indicates that Belden Inc has been effectively utilizing its equity to generate earnings for shareholders. The company's strong ROE levels suggest that it is efficiently leveraging its resources and managing its operations to drive profitability. Overall, the consistent upward trend in ROE reflects positively on Belden Inc's financial performance and management effectiveness.
Peer comparison
Dec 31, 2023