Emerson Electric Company (EMR)
Return on equity (ROE)
| 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 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 11,030,000 | 13,219,000 | 13,215,000 | 4,784,000 | 4,666,000 | 3,231,000 | 3,161,000 | 2,867,000 | 2,754,000 | 2,303,000 | 2,356,000 | 2,128,000 | 2,084,000 | 1,965,000 | 1,959,000 | 2,164,000 | 2,167,000 | 2,306,000 | 2,206,000 | 2,314,000 |
| Total stockholders’ equity | US$ in thousands | 20,674,000 | 20,689,000 | 20,464,000 | 11,360,000 | 10,727,000 | 10,364,000 | 10,315,000 | 10,575,000 | 10,249,000 | 9,883,000 | 9,291,000 | 9,130,000 | 8,895,000 | 8,405,000 | 7,831,000 | 7,517,000 | 8,421,000 | 8,233,000 | 8,755,000 | 8,526,000 |
| ROE | 53.35% | 63.89% | 64.58% | 42.11% | 43.50% | 31.18% | 30.64% | 27.11% | 26.87% | 23.30% | 25.36% | 23.31% | 23.43% | 23.38% | 25.02% | 28.79% | 25.73% | 28.01% | 25.20% | 27.14% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $11,030,000K ÷ $20,674,000K
= 53.35%
Emerson Electric Co.'s return on equity (ROE) has fluctuated over the past eight quarters. The ROE peaked in Q4 2023 at 63.86% before slightly declining in Q1 2024 to 53.32%. This indicates that the company was able to generate a solid return for its shareholders in these periods.
The trend shows an overall improvement in ROE from Q2 2022 to Q4 2023, reflecting positively on the company's ability to efficiently utilize shareholder equity to generate profits. However, the decrease in Q1 2024 may warrant further investigation to understand the factors impacting this decline.
Overall, Emerson Electric Co. has demonstrated strong performance in terms of ROE, but investors should continue to monitor future financial results to assess the company's profitability and efficiency in generating returns for shareholders.
Peer comparison
Dec 31, 2023
See also:
Emerson Electric Company Return on Equity (ROE) (Quarterly Data)