Estee Lauder Companies Inc (EL)

Return on equity (ROE)

		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	Dec 31, 2019	Sep 30, 2019
Net income (ttm)	US$ in thousands	409,000	642,000	467,000	551,000	1,010,000	1,093,000	1,508,000	2,197,000	2,401,000	3,361,000	3,247,000	3,034,000	2,863,000	1,390,000	928,000	612,000	684,000	1,303,000	1,864,000	1,880,000
Total stockholders’ equity	US$ in thousands	5,314,000	5,744,000	5,712,000	5,342,000	5,585,000	5,877,000	5,902,000	5,517,000	5,590,000	6,150,000	6,218,000	6,081,000	6,057,000	5,528,000	5,421,000	4,452,000	3,935,000	4,329,000	4,574,000	4,530,000
ROE		7.70%	11.18%	8.18%	10.31%	18.08%	18.60%	25.55%	39.82%	42.95%	54.65%	52.22%	49.89%	47.27%	25.14%	17.12%	13.75%	17.38%	30.10%	40.75%	41.50%

June 30, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $409,000K ÷ $5,314,000K
= 7.70%

Estee Lauder Companies Inc's return on equity (ROE) fluctuated over the assessed periods. The ROE ranged from a low of 7.70% to a high of 54.65%.

The highest ROE of 54.65% was achieved in March 2022, reflecting strong profitability relative to the shareholder equity invested in the company during that period. This indicates that the company was able to generate substantial profits for its shareholders.

On the other hand, the lowest ROE of 7.70% was recorded in June 2024, suggesting lower profitability relative to the shareholder equity invested in the company during that period.

Overall, Estee Lauder Companies Inc's ROE has shown both positive and negative trends over the assessed periods. Investors and analysts may want to further investigate the factors driving these fluctuations to assess the company's financial performance and efficiency in generating returns for its shareholders.