Entegris Inc (ENTG)
Return on equity (ROE)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 292,787 | 180,669 | 208,920 | 409,126 | 294,969 |
Total stockholders’ equity | US$ in thousands | 3,691,500 | 3,408,590 | 10,138,700 | 1,713,780 | 1,379,490 |
ROE | 7.93% | 5.30% | 2.06% | 23.87% | 21.38% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $292,787K ÷ $3,691,500K
= 7.93%
Entegris Inc's return on equity (ROE) has shown fluctuating trends over the past five years, indicating varying levels of profitability and efficiency in utilizing shareholders' equity. The company's ROE stood at 21.38% as of December 31, 2020, reflecting a strong performance in generating profits relative to the equity invested by shareholders.
Subsequently, there was a notable increase in ROE to 23.87% by December 31, 2021, suggesting improved financial management and operational effectiveness. However, the trend shifted in the following years, with ROE decreasing significantly to 2.06% by December 31, 2022, and further to 5.30% by December 31, 2023. These declines may indicate challenges in maintaining profitability levels or efficiently deploying capital during these periods.
As of December 31, 2024, Entegris Inc's ROE rebounded to 7.93%, showing a partial recovery in profitability and potential efforts to enhance return on equity. Overall, the fluctuating ROE figures suggest that the company has experienced periods of strong performance as well as challenges in generating satisfactory returns for shareholders relative to the equity they have invested.
Peer comparison
Dec 31, 2024