Dorman Products Inc (DORM)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 190,004 | 129,259 | 121,549 | 131,532 | 106,870 |
| Total stockholders’ equity | US$ in thousands | 1,293,470 | 1,168,200 | 1,042,630 | 932,736 | 853,559 |
| ROE | 14.69% | 11.06% | 11.66% | 14.10% | 12.52% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $190,004K ÷ $1,293,470K
= 14.69%
Dorman Products Inc's return on equity (ROE) has experienced fluctuations over the past five years.
- In December 2020, the ROE stood at 12.52%, indicating the company generated a return of 12.52% on its shareholders' equity for that year.
- By December 2021, the ROE had increased to 14.10%, suggesting an improvement in the company's ability to generate profits from shareholders' equity.
- However, in December 2022, the ROE declined to 11.66%, signaling a decrease in the company's profitability relative to its equity base.
- The trend continued in December 2023, with the ROE further decreasing to 11.06%, indicating a continued challenge in maintaining profitability.
- Nevertheless, by December 2024, the ROE rebounded to 14.69%, showcasing a significant improvement in the company's profitability performance.
Overall, Dorman Products Inc's ROE has shown variability over the years, with fluctuations in profitability levels. Investors and analysts may want to further investigate the factors behind these fluctuations to assess the company's performance and financial health.
Peer comparison
Dec 31, 2024