Curtiss-Wright Corporation (CW)
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 | 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 | 307,583 | 301,010 | 292,983 | 287,699 |
| Total stockholders’ equity | US$ in thousands | 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 | 1,774,370 | 1,701,140 | 1,652,300 | 1,585,580 |
| ROE | 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% | 17.33% | 17.69% | 17.73% | 18.14% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $354,509K ÷ $2,328,410K
= 15.23%
The return on equity (ROE) of Curtiss-Wright Corp. has shown a steady improvement over the past eight quarters. The ROE has consistently increased from 13.43% in Q1 2022 to 15.23% in Q4 2023. This indicates that the company's profitability in generating earnings from shareholders' equity has been on an upward trend.
The average ROE for the past eight quarters is around 14.97%, suggesting that Curtiss-Wright Corp. has been effectively utilizing its equity to generate returns for its shareholders during this period. The company's ROE performance indicates a positive trend in terms of its ability to generate profits relative to the shareholders' investments.
Overall, the increasing trend in ROE reflects positively on the efficiency and profitability of Curtiss-Wright Corp., signaling that the company is effectively utilizing its resources to create value for its shareholders.
Peer comparison
Dec 31, 2023