Eaton Corporation PLC (ETN)
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 | 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 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 3,218,000 | 2,994,000 | 2,710,000 | 2,567,000 | 2,461,000 | 2,291,000 | 2,313,000 | 2,218,000 | 2,144,000 | 2,068,000 | 1,885,000 | 1,430,000 | 1,410,000 | 1,387,000 | 1,542,000 | 2,127,000 | 2,211,000 | 2,390,000 | 2,205,000 | 2,179,000 |
| Total stockholders’ equity | US$ in thousands | 19,036,000 | 18,383,000 | 17,953,000 | 17,449,000 | 17,038,000 | 16,068,000 | 16,380,000 | 16,620,000 | 16,413,000 | 15,971,000 | 15,408,000 | 14,995,000 | 14,930,000 | 14,476,000 | 14,188,000 | 14,245,000 | 16,082,000 | 15,848,000 | 16,306,000 | 16,233,000 |
| ROE | 16.90% | 16.29% | 15.09% | 14.71% | 14.44% | 14.26% | 14.12% | 13.35% | 13.06% | 12.95% | 12.23% | 9.54% | 9.44% | 9.58% | 10.87% | 14.93% | 13.75% | 15.08% | 13.52% | 13.42% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $3,218,000K ÷ $19,036,000K
= 16.90%
To analyze Eaton Corporation plc's Return on Equity (ROE) over the past eight quarters, we observe a generally positive trend. ROE has been consistently increasing from 13.35% in Q1 2022 to 16.90% in Q4 2023, indicating an improving efficiency in generating profits from shareholders' equity.
The company's ROE performance demonstrates a stable and upward trajectory, reflecting effective management of the company's assets and operational efficiency. This trend suggests that Eaton Corporation plc has been successful in utilizing its shareholders' equity to generate returns.
Overall, Eaton Corporation plc's increasing ROE over the past eight quarters is a positive indicator of the company's financial health and effectiveness in generating profits relative to its shareholders' investment.
Peer comparison
Dec 31, 2023
See also:
Eaton Corporation PLC Return on Equity (ROE) (Quarterly Data)