Elanco Animal Health (ELAN)

Return on equity (ROE)

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Net income US$ in thousands 338,000 -1,231,000 -78,000 -483,000 -560,100
Total stockholders’ equity US$ in thousands 6,096,000 6,223,000 7,289,000 7,538,000 8,475,900
ROE 5.54% -19.78% -1.07% -6.41% -6.61%

December 31, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $338,000K ÷ $6,096,000K
= 5.54%