Exponent Inc (EXPO)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 109,002 | 100,339 | 102,330 | 101,202 | 82,552 |
| Total stockholders’ equity | US$ in thousands | 421,068 | 356,085 | 320,752 | 417,065 | 361,498 |
| ROE | 25.89% | 28.18% | 31.90% | 24.27% | 22.84% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $109,002K ÷ $421,068K
= 25.89%
Exponent Inc's return on equity (ROE) has exhibited a generally positive trend over the years. Starting at 22.84% on December 31, 2020, the ROE increased to 24.27% by the end of 2021. Subsequently, there was a notable surge in ROE to 31.90% by December 31, 2022, indicating improved profitability and efficiency in generating returns for shareholders.
However, in the following years, the ROE experienced some fluctuations. While it decreased to 28.18% by December 31, 2023, it remained higher than the initial ROE in 2020. By the end of December 31, 2024, the ROE stood at 25.89%, indicating a slight decline compared to the peak in 2022 but still above the starting point.
Overall, Exponent Inc's ROE performance demonstrates a strong ability to generate profits relative to shareholders' equity, with some variations in recent years suggesting the company's ongoing efforts to maintain and potentially improve its return on equity.
Peer comparison
Dec 31, 2024