EMCOR Group Inc (EME)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,007,140 | 632,994 | 406,122 | 383,532 | 132,943 |
| Total stockholders’ equity | US$ in thousands | 2,937,660 | 2,469,780 | 1,973,590 | 2,252,390 | 2,052,670 |
| ROE | 34.28% | 25.63% | 20.58% | 17.03% | 6.48% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $1,007,140K ÷ $2,937,660K
= 34.28%
EMCOR Group Inc's return on equity (ROE) has shown a positive trend over the years, indicating an improvement in the company's efficiency in generating profits from shareholders' equity. The ROE has increased steadily from 6.48% in December 31, 2020, to 34.28% in December 31, 2024. This upward trajectory suggests that EMCOR Group Inc has been utilizing its shareholders' equity more effectively to generate profits over time. The significant increase in ROE from 2020 to 2024 reflects the company's improved profitability and effective management of its capital resources. This trend could potentially indicate that EMCOR Group Inc is becoming more profitable and efficient in utilizing its equity to drive shareholder value.
Peer comparison
Dec 31, 2024