Curtiss-Wright Corporation (CW)
Return on equity (ROE)
| 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 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 404,978 | 407,012 | 392,630 | 374,158 | 354,509 | 343,646 | 320,636 | 310,509 | 294,348 | 261,904 | 257,839 | 248,375 | 267,159 | 244,573 | 239,490 | 209,100 | 201,392 | 236,807 | 254,697 | 303,751 |
| Total stockholders’ equity | US$ in thousands | 2,449,800 | 2,490,420 | 2,458,420 | 2,380,180 | 2,328,410 | 2,185,160 | 2,138,260 | 2,054,160 | 1,981,210 | 1,884,240 | 1,867,640 | 1,849,420 | 1,826,490 | 1,900,060 | 1,894,700 | 1,838,160 | 1,787,570 | 1,799,460 | 1,713,300 | 1,669,840 |
| ROE | 16.53% | 16.34% | 15.97% | 15.72% | 15.23% | 15.73% | 15.00% | 15.12% | 14.86% | 13.90% | 13.81% | 13.43% | 14.63% | 12.87% | 12.64% | 11.38% | 11.27% | 13.16% | 14.87% | 18.19% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $404,978K ÷ $2,449,800K
= 16.53%
Curtiss-Wright Corporation's return on equity (ROE) has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ROE started at 18.19% in March 2020, indicating that for every dollar of shareholders' equity, the company generated a profit of 18.19 cents. Subsequently, the ROE displayed a declining trend until December 2021, reaching a low of 11.27%.
However, from March 31, 2022, the ROE began to recover, demonstrating an upward trajectory. This positive trend continued, with ROE improving steadily to 16.53% by December 31, 2024. The increase in ROE suggests that Curtiss-Wright Corporation has been effectively utilizing shareholder equity to generate profits and create value for its investors.
Overall, the fluctuation in ROE over the period indicates that the company may have implemented strategic measures to enhance profitability and efficiency in its operations. The sustained improvement in ROE in the latter part of the period reflects positively on the company's financial performance and its ability to deliver returns to shareholders.
Peer comparison
Dec 31, 2024