Fortune Brands Innovations Inc. (FBIN)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 471,900 | 404,500 | 686,700 | 772,400 | 553,100 |
| Total stockholders’ equity | US$ in thousands | 2,422,000 | 2,293,400 | 2,086,900 | 3,064,800 | 2,775,500 |
| ROE | 19.48% | 17.64% | 32.91% | 25.20% | 19.93% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $471,900K ÷ $2,422,000K
= 19.48%
Fortune Brands Innovations Inc.'s return on equity (ROE) has shown fluctuations over the past five years.
- As of December 31, 2020, the ROE was recorded at 19.93%, indicating that for every dollar of shareholders' equity, the company generated a return of 19.93%.
- By December 31, 2021, the ROE had increased to 25.20%, reflecting an improvement in the company's profitability and efficiency in utilizing equity.
- The ROE continued to rise to 32.91% by December 31, 2022, reaching its peak during this period, suggesting strong performance in generating profits relative to shareholders' investment.
- However, by December 31, 2023, the ROE dropped to 17.64%, indicating a decline in profitability potentially due to internal or external factors affecting the company's operations.
- As of December 31, 2024, the ROE slightly recovered to 19.48%, showing a moderate improvement compared to the previous year.
Overall, Fortune Brands Innovations Inc.'s ROE trend reflects a mix of positive and negative performance indicators over the five-year period, suggesting varying levels of effectiveness in utilizing equity to generate profits and create value for shareholders.
Peer comparison
Dec 31, 2024