ESAB Corp (ESAB)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 264,842 | 203,730 | 223,747 | 235,110 | 157,414 |
| Total stockholders’ equity | US$ in thousands | 1,769,000 | 1,607,400 | 1,350,210 | 2,460,740 | 2,502,630 |
| ROE | 14.97% | 12.67% | 16.57% | 9.55% | 6.29% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $264,842K ÷ $1,769,000K
= 14.97%
ESAB Corp's Return on Equity (ROE) has shown a positive trend over the past five years. The ROE increased from 6.29% in December 2020 to 14.97% by December 2024. This signifies an improvement in the company's ability to generate profits from shareholder equity. The fluctuation in ROE over the years may indicate changes in the company's financial performance and efficiency in utilizing equity investments. Overall, ESAB Corp's increasing ROE demonstrates a positive trend in profitability and indicates a stronger financial position relative to shareholder investments.
Peer comparison
Dec 31, 2024