Curtiss-Wright Corporation (CW)
Return on equity (ROE)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 404,978 | 354,509 | 294,348 | 267,159 | 201,392 |
Total stockholders’ equity | US$ in thousands | 2,449,800 | 2,328,410 | 1,981,210 | 1,826,490 | 1,787,570 |
ROE | 16.53% | 15.23% | 14.86% | 14.63% | 11.27% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $404,978K ÷ $2,449,800K
= 16.53%
Curtiss-Wright Corporation has shown a positive trend in its return on equity (ROE) over the period from December 31, 2020, to December 31, 2024. The ROE has increased from 11.27% in 2020 to 16.53% in 2024, indicating a steady improvement in the company's efficiency in generating profits from shareholders' equity.
This upward trend in ROE suggests that Curtiss-Wright Corporation has been effectively utilizing its equity capital to generate earnings growth. A rising ROE is generally viewed positively by investors, as it reflects the company's ability to generate higher returns on the capital invested by shareholders.
The consistent improvement in ROE over the years indicates that Curtiss-Wright Corporation is likely employing effective strategies to boost profitability and create shareholder value. Overall, the increasing trend in ROE demonstrates the company's strong performance and efficient management of its resources during the period under consideration.
Peer comparison
Dec 31, 2024