Dana Inc (DAN)
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 | -57,000 | -16,000 | -1,000 | 13,000 | 38,000 | -106,000 | -287,000 | -306,000 | -317,000 | -109,000 | 101,000 | 143,000 | 197,000 | 212,000 | 209,000 | -18,000 | -51,000 | -6,000 | 60,000 | 166,000 |
| Total stockholders’ equity | US$ in thousands | 1,333,000 | 1,480,000 | 1,475,000 | 1,539,000 | 1,575,000 | 1,589,000 | 1,623,000 | 1,603,000 | 1,551,000 | 1,622,000 | 1,849,000 | 1,932,000 | 1,922,000 | 1,856,000 | 1,871,000 | 1,795,000 | 1,758,000 | 1,703,000 | 1,644,000 | 1,783,000 |
| ROE | -4.28% | -1.08% | -0.07% | 0.84% | 2.41% | -6.67% | -17.68% | -19.09% | -20.44% | -6.72% | 5.46% | 7.40% | 10.25% | 11.42% | 11.17% | -1.00% | -2.90% | -0.35% | 3.65% | 9.31% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-57,000K ÷ $1,333,000K
= -4.28%
Dana Inc's Return on Equity (ROE) has exhibited fluctuations over the analyzed period from March 31, 2020, to December 31, 2024. The ROE started at 9.31% in March 2020 before declining to negative values in the subsequent quarters of 2020 and 2021, indicating potential financial challenges or inefficiencies in generating profits relative to shareholders' equity.
The performance then improved in June 2021, with a notable increase to 11.17%. This positive trend continued, with ROE reaching its peak at 11.42% in September 2021 and maintaining relatively strong levels through December 2021.
However, from March 2022 onwards, the ROE experienced a downward trajectory, dropping to 5.46% by June 2022 and turning negative in the following quarters. The values remained negative up to December 2024, with the ROE hitting its lowest point at -20.44% in December 2022.
The declining trend in ROE post-2021 indicates challenges in generating profits relative to the shareholders' equity, suggesting potential concerns about operational efficiency, profitability, or financial leverage. Further analysis would be necessary to identify the specific factors contributing to the fluctuating ROE and to recommend appropriate strategies for improvement.
Peer comparison
Dec 31, 2024