Exponent Inc (EXPO)
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 | 100,339 | 101,934 | 101,838 | 101,845 | 102,330 | 100,186 | 100,318 | 99,963 | 101,202 | 102,662 | 96,172 | 87,118 | 82,552 | 79,833 | 81,382 | 86,030 | 82,460 | 79,375 | 77,195 | 74,626 |
| Total stockholders’ equity | US$ in thousands | 356,085 | 353,635 | 357,079 | 341,856 | 320,752 | 319,800 | 337,494 | 386,564 | 417,065 | 404,989 | 387,767 | 377,608 | 361,498 | 343,197 | 332,567 | 323,497 | 350,251 | 357,279 | 343,852 | 329,177 |
| ROE | 28.18% | 28.82% | 28.52% | 29.79% | 31.90% | 31.33% | 29.72% | 25.86% | 24.27% | 25.35% | 24.80% | 23.07% | 22.84% | 23.26% | 24.47% | 26.59% | 23.54% | 22.22% | 22.45% | 22.67% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $100,339K ÷ $356,085K
= 28.18%
Exponent Inc's return on equity (ROE) has shown a generally positive trend over the past five quarters, indicating the company's ability to generate profit relative to shareholders' equity. The ROE ranged from 22.22% to 31.90%, with the highest ROE recorded in the fourth quarter of 2022. The ROE decreased slightly in the most recent quarter, reaching 28.18% as of December 31, 2023.
The consistent ROE values above 20% indicate that Exponent Inc is efficient in utilizing shareholders' equity to generate profits. The company's ROE performance in recent quarters demonstrates strong profitability and efficient management of equity capital. However, the slight decrease in ROE in the latest quarter may warrant further investigation to understand the factors influencing the profitability of the company. Overall, Exponent Inc's ROE performance suggests a solid financial position and effective management of shareholder resources.
Peer comparison
Dec 31, 2023