ELF Beauty Inc (ELF)

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	98,363	107,990	122,241	127,663	129,382	121,599	100,038	61,530	46,840	33,949	27,963	21,770	20,190	18,273	12,996	6,232	5,915	9,620	15,690	17,884
Total stockholders’ equity	US$ in thousands	767,387	727,695	703,590	642,572	614,224	516,428	471,702	411,017	385,304	356,960	333,449	312,429	305,468	294,093	282,622	269,646	264,602	254,653	248,708	242,171
ROE		12.82%	14.84%	17.37%	19.87%	21.06%	23.55%	21.21%	14.97%	12.16%	9.51%	8.39%	6.97%	6.61%	6.21%	4.60%	2.31%	2.24%	3.78%	6.31%	7.38%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $98,363K ÷ $767,387K
= 12.82%

ELF Beauty Inc's return on equity (ROE) has shown fluctuations over the past few years. From March 31, 2020, to June 30, 2022, the ROE experienced a downward trend, decreasing from 7.38% to 8.39%. This decline may indicate challenges in efficiently utilizing shareholder equity to generate profits during this period.

However, from September 30, 2022, to December 31, 2024, there was a notable improvement in ROE, increasing from 9.51% to 12.82%. This upward trend suggests that ELF Beauty Inc may have implemented strategies to enhance profitability relative to shareholder investments.

The highest ROE was recorded on December 31, 2023, at 23.55%, indicating a peak performance in terms of generating returns for shareholders. Conversely, the lowest ROE was observed on December 31, 2020, at 2.24%, reflecting a period of lower profitability relative to shareholder equity.

Overall, ELF Beauty Inc's ROE has demonstrated variability, with both positive and negative movements. It is essential for investors and stakeholders to closely monitor these fluctuations to assess the company's effectiveness in generating profits from shareholder resources.