CSW Industrials Inc (CSWI)
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 | 115,623 | 109,627 | 101,647 | 96,951 | 103,328 | 97,604 | 96,436 | 87,819 | 81,526 | 75,366 | 66,384 | 58,338 | 50,932 | 48,761 | 40,200 | 44,400 | 49,800 | 42,600 | 45,900 | 45,000 |
| Total stockholders’ equity | US$ in thousands | 1,050,350 | 669,772 | 635,078 | 608,191 | 605,963 | 579,003 | 525,675 | 516,172 | 500,537 | 482,240 | 469,086 | 474,114 | 463,865 | 444,826 | 415,449 | 402,717 | 302,041 | 284,010 | 280,365 | 292,992 |
| ROE | 11.01% | 16.37% | 16.01% | 15.94% | 17.05% | 16.86% | 18.35% | 17.01% | 16.29% | 15.63% | 14.15% | 12.30% | 10.98% | 10.96% | 9.68% | 11.03% | 16.49% | 15.00% | 16.37% | 15.36% |
September 30, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $115,623K ÷ $1,050,350K
= 11.01%
The return on equity (ROE) for CSW Industrials Inc has shown some variability over the periods in consideration. The ROE ranged from a low of 9.68% in March 2021 to a high of 18.35% in March 2023. Overall, the ROE appears to have generally trended upwards from 2020 to 2023, indicating improved efficiency in generating profits from shareholder equity.
There was a slight dip in ROE in the latter half of 2023 and into 2024, with ROE ranging between 15.94% to 16.37% during these periods. This could suggest a temporary decline in the company's ability to generate profits from its equity base.
It is important to note that ROE alone may not provide a full picture of the company's financial performance, and it should be analyzed in conjunction with other financial ratios and factors affecting the company. Further analysis would be necessary to understand the specific drivers behind the changes in ROE and to assess the company's overall financial health and performance.
Peer comparison
Sep 30, 2024