ESAB Corp (ESAB)
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 | ||
|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 205,285 | 215,753 | 210,537 | 200,213 | 223,747 | |||
| Total stockholders’ equity | US$ in thousands | 1,607,400 | 1,500,810 | 1,506,310 | 1,419,580 | 1,350,210 | 1,209,180 | 1,241,860 | 2,476,850 |
| ROE | 12.77% | 14.38% | 13.98% | 14.10% | 16.57% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $205,285K ÷ $1,607,400K
= 12.77%
ESAB Corp's return on equity (ROE) has shown a slight decline over the five quarters analyzed. The ROE ranged from 12.67% to 16.45% during this period. The Q4 2022 ROE was the highest at 16.45%, followed by Q3 2023 at 14.27%. The Q4 2023 ROE of 12.67% marked the lowest return on equity in the analyzed period. Overall, ESAB Corp's ROE appears to have experienced some volatility, and it may be beneficial for stakeholders to further investigate the factors contributing to these fluctuations in performance.
Peer comparison
Dec 31, 2023