Entegris Inc (ENTG)

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 292,787 228,521 184,151 314,101 180,669 200,119 93,204 -4,951 208,920 269,712 460,876 450,155 409,126 377,531 339,373 318,639 294,969 265,783 227,247 283,208
Total stockholders’ equity US$ in thousands 3,691,500 3,592,510 3,502,390 3,430,170 3,408,590 3,368,290 3,352,200 10,067,000 10,138,700 3,116,320 1,912,710 1,820,320 1,713,780 1,610,780 1,515,330 1,428,330 1,379,490 1,240,130 1,155,880 1,102,190
ROE 7.93% 6.36% 5.26% 9.16% 5.30% 5.94% 2.78% -0.05% 2.06% 8.65% 24.10% 24.73% 23.87% 23.44% 22.40% 22.31% 21.38% 21.43% 19.66% 25.70%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $292,787K ÷ $3,691,500K
= 7.93%

Entegris Inc's return on equity (ROE) has shown fluctuations over the period from March 2020 to December 2024. The ROE started at a relatively high level of 25.70% in March 2020, indicating strong profitability in relation to shareholders' equity. However, over the following quarters, the ROE experienced some variability, with values ranging from 19.66% to 24.73%.

In the latter half of 2022 and heading into 2023, there was a notable decline in ROE, dropping to 2.06% by December 2022 and even turning negative to -0.05% by March 2023. This downward trend may raise concerns about the company's efficiency in generating returns for shareholders relative to their equity investment.

Despite these challenges, Entegris Inc managed to improve its ROE performance in the subsequent quarters of 2023 and 2024. The ROE gradually increased to reach 7.93% by December 2024, signaling a potential recovery in profitability.

Overall, it is essential for stakeholders to closely monitor Entegris Inc's ROE trends to assess the company's ability to generate profits from shareholders' equity effectively and sustainably.