Bruker Corporation (BRKR)

Return on equity (ROE)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	427,200	296,600	277,100	157,800	197,200
Total stockholders’ equity	US$ in thousands	1,377,200	1,113,800	1,070,500	961,200	906,800
ROE		31.02%	26.63%	25.89%	16.42%	21.75%

December 31, 2023 calculation

ROE = Net income ÷ Total stockholders’ equity
= $427,200K ÷ $1,377,200K
= 31.02%

Bruker Corp's return on equity (ROE) has shown a positive trend over the past five years. ROE increased from 21.75% in 2019 to 31.02% in 2023, indicating the company's improved ability to generate profits from shareholders' equity. The consistent growth in ROE reflects Bruker Corp's effective management of assets and utilization of equity to generate earnings. This upward trend suggests that the company is efficiently using shareholders' funds to generate profits, which may be attributed to effective strategic decision-making and operational performance. Overall, the increasing ROE indicates a positive financial performance and efficiency in delivering returns to shareholders for Bruker Corp.