Ethan Allen Interiors Inc (ETD)
Return on equity (ROE)
| 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 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 63,816 | 70,708 | 80,111 | 90,866 | 105,807 | 873,450 | 875,808 | 874,536 | 864,809 | 89,922 | 80,816 | 70,805 | 60,005 | 29,775 | 13,944 | 4,147 | 8,900 | 17,659 | 25,860 | 30,964 |
| Total stockholders’ equity | US$ in thousands | 482,980 | 477,391 | 472,926 | 462,584 | 471,028 | 453,203 | 437,085 | 415,772 | 407,349 | 383,976 | 365,769 | 345,070 | 351,443 | 356,602 | 347,579 | 332,941 | 328,065 | 339,224 | 362,788 | 370,447 |
| ROE | 13.21% | 14.81% | 16.94% | 19.64% | 22.46% | 192.73% | 200.37% | 210.34% | 212.30% | 23.42% | 22.09% | 20.52% | 17.07% | 8.35% | 4.01% | 1.25% | 2.71% | 5.21% | 7.13% | 8.36% |
June 30, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $63,816K ÷ $482,980K
= 13.21%
Ethan Allen Interiors Inc's return on equity (ROE) has fluctuated over the past 20 quarters, ranging from 1.25% to 212.30%. The trend displays significant variability, with peaks and troughs observed throughout the period, indicating fluctuations in the company's profitability and efficiency in generating returns for shareholders.
The ROE peaked at exceptionally high levels of 192.73%, 200.37%, and 210.34% in the first quarter of 2023, the second quarter of 2023, and the third quarter of 2023, respectively. These unusually high values may be attributed to certain anomalies, accounting adjustments, or one-time events that significantly boosted net income or shareholder's equity during those periods.
Generally, the ROE for Ethan Allen Interiors Inc appears to have been on a declining trend since the peak in the third quarter of 2023, with a gradual decrease in subsequent quarters. The company's ROE has ranged from single to double digits, indicating varying levels of profitability and efficiency in leveraging shareholder equity to generate earnings.
It is essential for stakeholders to carefully evaluate the factors influencing the ROE trend, such as changes in profitability, asset utilization, financial leverage, and shareholder equity, to gain a comprehensive understanding of Ethan Allen Interiors Inc's performance and financial health.