Diodes Incorporated (DIOD)

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	44,024	61,075	96,050	170,070	227,182	293,941	331,607	329,742	331,283	304,745	286,783	262,002	228,763	192,985	151,713	117,372	98,088	115,543	126,451	141,702
Total stockholders’ equity	US$ in thousands	1,795,300	1,811,580	1,774,360	1,748,590	1,740,740	1,689,660	1,662,480	1,595,460	1,513,640	1,395,920	1,353,320	1,297,500	1,237,240	1,156,060	1,082,580	1,002,570	963,820	1,198,570	1,143,380	1,125,030
ROE		2.45%	3.37%	5.41%	9.73%	13.05%	17.40%	19.95%	20.67%	21.89%	21.83%	21.19%	20.19%	18.49%	16.69%	14.01%	11.71%	10.18%	9.64%	11.06%	12.60%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $44,024K ÷ $1,795,300K
= 2.45%

Diodes Incorporated's return on equity (ROE) has shown fluctuations over the past several quarters. From March 31, 2020, to June 30, 2022, the ROE steadily increased from 12.60% to 21.19%, indicating an improvement in the company's ability to generate profits from shareholders' equity.

However, starting from September 30, 2022, the ROE began to decline. Despite reaching a peak of 21.89% on December 31, 2022, the trend reversed, with the ROE decreasing to 2.45% by December 31, 2024. This significant downward trend in ROE suggests a weakening in the company's profitability relative to its equity.

Overall, the varying ROE figures reflect fluctuations in Diodes Incorporated's profitability and efficiency in utilizing shareholders' equity to generate earnings. Investors and stakeholders may need to closely monitor these changes to assess the company's performance and financial health in the future.