Cabot Corporation (CBT)
Return on equity (ROE)
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 380,000 | 477,000 | 450,000 | 441,000 | 445,000 | 305,000 | 320,000 | 352,000 | 209,000 | 144,000 | 133,000 | 101,000 | 250,000 | -51,000 | -143,000 | -219,000 | -238,000 | 67,000 | 105,000 | 129,000 |
| Total stockholders’ equity | US$ in thousands | 1,425,000 | 1,346,000 | 1,367,000 | 1,329,000 | 1,264,000 | 1,131,000 | 1,099,000 | 1,009,000 | 898,000 | 895,000 | 918,000 | 794,000 | 947,000 | 955,000 | 811,000 | 823,000 | 691,000 | 930,000 | 925,000 | 1,027,000 |
| ROE | 26.67% | 35.44% | 32.92% | 33.18% | 35.21% | 26.97% | 29.12% | 34.89% | 23.27% | 16.09% | 14.49% | 12.72% | 26.40% | -5.34% | -17.63% | -26.61% | -34.44% | 7.20% | 11.35% | 12.56% |
September 30, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $380,000K ÷ $1,425,000K
= 26.67%
Cabot Corporation's Return on Equity (ROE) has shown significant variability over the past few years, ranging from negative figures to as high as 35.44%. In the most recent quarter, ending September 30, 2024, the ROE stands at 26.67%. This indicates that for every dollar of shareholders' equity invested in the company, it generated a profit of approximately 26.67 cents.
While the ROE has displayed some fluctuations, overall, the company has been able to maintain ROE levels above 10% in most periods, reflecting a decent profitability and efficiency in utilizing shareholders' equity. The company's ability to generate returns for its shareholders seems to have improved in recent quarters compared to the negative ROE values observed in the previous year.
Further analysis of the factors contributing to the changes in ROE, such as profitability, asset utilization, and financial leverage, would provide deeper insights into Cabot Corporation's performance and its ability to create value for its shareholders.
Peer comparison
Sep 30, 2024