DXP Enterprises Inc (DXPE)
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 | 70,467 | 65,132 | 60,203 | 62,564 | 58,386 | 49,534 | 47,291 | 42,670 | 48,158 | 41,886 | 35,082 | 28,771 | 16,469 | 13,675 | -28,116 | -34,096 | -28,726 | -24,638 | 23,137 | 34,454 |
| Total stockholders’ equity | US$ in thousands | 422,788 | 402,368 | 384,681 | 375,464 | 380,879 | 363,576 | 369,465 | 374,284 | 365,392 | 386,497 | 375,586 | 360,187 | 358,639 | 361,132 | 344,861 | 352,354 | 347,068 | 322,641 | 356,823 | 351,136 |
| ROE | 16.67% | 16.19% | 15.65% | 16.66% | 15.33% | 13.62% | 12.80% | 11.40% | 13.18% | 10.84% | 9.34% | 7.99% | 4.59% | 3.79% | -8.15% | -9.68% | -8.28% | -7.64% | 6.48% | 9.81% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $70,467K ÷ $422,788K
= 16.67%
DXP Enterprises Inc's return on equity (ROE) shows a fluctuating trend over the analyzed period. The ROE started at a positive 9.81% as of March 31, 2020, but experienced a decline in the subsequent quarters, reaching negative figures by September 30, 2020. The negative trend continued until June 30, 2021, before turning positive again.
From September 30, 2021, the ROE showed a gradual improvement, consistently increasing to reach 16.67% by December 31, 2024. This upward trajectory indicates that DXP Enterprises Inc's profitability in relation to shareholders' equity improved significantly over the analyzed period.
Overall, the return on equity trend suggests that the company has effectively utilized its shareholders' equity to generate profits and create value for its shareholders. An increasing ROE reflects positively on the company's financial performance and efficiency in generating profits from shareholder investments.
Peer comparison
Dec 31, 2024