Cabot Corporation (CBT)
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 | 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 | 157,000 | 218,000 | 274,000 |
| Total stockholders’ equity | US$ in thousands | 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 | 998,000 | 1,092,000 | 1,104,000 |
| ROE | 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% | 15.73% | 19.96% | 24.82% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $441,000K ÷ $1,329,000K
= 33.18%
Cabot Corp.'s return on equity (ROE) has exhibited fluctuations in recent quarters. The ROE for Q1 2024 stands at 32.58%, lower than the previous quarter's 34.57% in Q4 2023. Prior to this, there was a substantial increase from 26.61% in Q3 2023 to 34.57% in Q4 2023. The ROE for Q1 2023 was also relatively high at 34.49%. There was a significant improvement in Q4 2022 compared to Q3 2022, with the ROE rising from 22.94% to 15.75%.
Overall, the trend shows some volatility in Cabot Corp.'s ROE over the past few quarters. It is important to assess the factors contributing to these fluctuations to determine the company's performance and potential future outcomes.
Peer comparison
Dec 31, 2023