CSW Industrials, Inc. (CSW)
Return on equity (ROE)
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 138,986 | 136,652 | 133,349 | 115,623 | 109,627 | 101,647 | 96,951 | 103,328 | 97,604 | 96,436 | 87,819 | 80,531 | 74,196 | 64,801 | 55,982 | 50,017 | 48,375 | 40,287 | 45,241 | 50,203 |
| Total stockholders’ equity | US$ in thousands | 1,109,830 | 1,072,250 | 1,044,020 | 1,030,170 | 650,158 | 615,723 | 589,072 | 586,927 | 560,094 | 525,675 | 498,768 | 483,033 | 466,720 | 469,086 | 458,738 | 448,947 | 431,120 | 412,013 | 402,717 | 302,041 |
| ROE | 12.52% | 12.74% | 12.77% | 11.22% | 16.86% | 16.51% | 16.46% | 17.60% | 17.43% | 18.35% | 17.61% | 16.67% | 15.90% | 13.81% | 12.20% | 11.14% | 11.22% | 9.78% | 11.23% | 16.62% |
June 30, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $138,986K ÷ $1,109,830K
= 12.52%
The return on equity (ROE) for CSW Industrials, Inc. over the analyzed period demonstrates notable fluctuations with an overall upward trend during the initial years, prior to a recent decline. Starting at 16.62% as of September 30, 2020, ROE decreased significantly to 11.23% by the end of 2020, reflecting a decline in the company's ability to generate profit from shareholders' equity during that period. The downward trend continued into March 2021, reaching 9.78%, which indicates a potential concern regarding operational efficiency or profitability relative to equity.
Subsequently, from June 2021 through September 2022, the ROE stabilized somewhat, maintaining a range between approximately 11.14% and 16.67%. Notably, the ROE increased gradually during this span, reaching a peak of 17.61% at the end of 2022. This incremental improvement suggests a relative strengthening in profitability or effective utilization of equity.
In 2023, the ROE continued its upward trajectory, culminating at 18.35% in March 2023, before experiencing a slight retreat to 17.43% in June and a marginal increase to 17.60% in September. This indicates sustained profitable operations but with some variability. The end of the period shows the ROE decreasing again to 16.46% by the close of 2023.
Looking beyond 2023, the ROE fluctuated within a narrow range, recorded at 16.51% in March 2024 and slightly declining to 11.22% in September 2024, before recovering to approximately 12.77% in December 2024 and marginally decreasing again to around 12.52% by June 2025. These recent figures suggest a period of relative stability with some volatility.
Overall, the ROE trend indicates that CSW Industrials experienced a period of decline in the early part of the analyzed timeframe, followed by a phase of recovery and stabilization. The recent levels of ROE imply moderate profitability relative to shareholders' equity, with some fluctuation that could be influenced by operational, market, or strategic factors.
Peer comparison
Jun 30, 2025