Dorman Products Inc (DORM)

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	190,004	185,775	171,044	156,404	129,259	96,811	86,890	92,025	121,549	137,793	140,296	134,009	131,532	133,403	134,558	116,825	106,870	88,467	75,516	83,130
Total stockholders’ equity	US$ in thousands	1,293,470	1,234,600	1,201,320	1,174,500	1,168,200	1,128,090	1,086,070	1,049,140	1,042,630	1,021,040	990,957	959,400	932,736	904,524	892,985	883,811	853,559	1,158,830	807,132	791,375
ROE		14.69%	15.05%	14.24%	13.32%	11.06%	8.58%	8.00%	8.77%	11.66%	13.50%	14.16%	13.97%	14.10%	14.75%	15.07%	13.22%	12.52%	7.63%	9.36%	10.50%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $190,004K ÷ $1,293,470K
= 14.69%

Dorman Products Inc's return on equity (ROE) has shown fluctuations over the years based on the provided data. The ROE was relatively stable around 10-12% from March 2020 to June 2021. There was a noticeable increase in ROE in the second quarter of 2021, reaching 15.07%, indicating improved efficiency in generating profits from shareholders' equity.

Subsequently, the ROE remained strong at above 14% from June 2021 to September 2022, showing the company's ability to generate higher returns on equity. However, there was a slight decrease in ROE in the last quarter of 2022 to 11.66%, followed by a more significant decline to 8.77% in March 2023.

The ROE continued to stay below 10% from March 2023 to September 2023, reflecting a decrease in profitability compared to the previous years. However, there was a gradual improvement in ROE from December 2023 to December 2024, with the ratio ranging between 11-15%.

Overall, while Dorman Products Inc experienced fluctuations in ROE over the years, the recent trend shows a recovery and return to higher profitability levels. Investors and stakeholders may monitor future ROE performance to assess the company's effectiveness in utilizing shareholder equity to generate returns.