EMCOR Group Inc (EME)
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 | 1,007,145 | 926,501 | 825,647 | 718,670 | 632,994 | 547,777 | 484,140 | 444,209 | 406,122 | 381,490 | 375,458 | 372,144 | 383,532 | 361,645 | 323,091 | 142,052 | 132,943 | 140,086 | 160,734 | 328,395 |
| Total stockholders’ equity | US$ in thousands | 2,937,660 | 2,758,080 | 2,744,560 | 2,614,340 | 2,469,780 | 2,278,930 | 2,117,380 | 2,065,620 | 1,973,590 | 1,841,720 | 1,952,090 | 2,135,100 | 2,252,390 | 2,141,350 | 2,090,480 | 2,119,970 | 2,052,670 | 2,007,290 | 1,943,620 | 2,026,950 |
| ROE | 34.28% | 33.59% | 30.08% | 27.49% | 25.63% | 24.04% | 22.87% | 21.50% | 20.58% | 20.71% | 19.23% | 17.43% | 17.03% | 16.89% | 15.46% | 6.70% | 6.48% | 6.98% | 8.27% | 16.20% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,007,145K ÷ $2,937,660K
= 34.28%
EMCOR Group Inc's return on equity (ROE) shows a generally positive trend over the periods provided. The ROE has been on an upward trajectory, starting at 16.20% in March 2020 and increasing to 34.28% by December 2024. This indicates that the company's ability to generate profits from shareholders' equity has been improving steadily.
The fluctuations in ROE throughout the periods are normal and can be influenced by various factors such as changes in profitability, leverage, and asset turnover. It is essential to analyze the components of ROE to understand the drivers behind the changes in the ratio.
Overall, the increasing trend in ROE suggests that EMCOR Group Inc has been utilizing its equity efficiently to generate profitability for its shareholders. Investors and stakeholders may view this positively as it indicates the company's ability to generate higher returns on the equity invested in the business.
Peer comparison
Dec 31, 2024