ESAB Corp (ESAB)
Return on equity (ROE)
| Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|
| Net income | US$ in thousands | 205,285 | 223,747 |
| Total stockholders’ equity | US$ in thousands | 1,607,400 | 1,350,210 |
| ROE | 12.77% | 16.57% |
December 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $205,285K ÷ $1,607,400K
= 12.77%
Peer comparison
Dec 31, 2023