Fortune Brands Innovations Inc. (FBIN)
Return on equity (ROE)
| Dec 31, 2024 | Sep 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 328,900 | 448,200 | 448,100 | 416,300 | 404,500 | 432,800 | 500,500 | 590,400 | 686,700 | 752,400 | 750,300 | 775,500 | 772,400 | 760,700 | 723,200 | 621,800 | 553,100 | 493,600 | 434,600 | 456,300 |
| Total stockholders’ equity | US$ in thousands | 2,422,000 | 2,395,900 | 2,330,600 | 2,280,800 | 2,293,400 | 2,219,000 | 2,177,100 | 2,082,500 | 2,086,900 | 3,030,100 | 2,952,400 | 2,914,800 | 3,064,800 | 3,054,600 | 3,043,500 | 2,924,400 | 2,775,500 | 2,628,600 | 2,461,800 | 2,357,000 |
| ROE | 13.58% | 18.71% | 19.23% | 18.25% | 17.64% | 19.50% | 22.99% | 28.35% | 32.91% | 24.83% | 25.41% | 26.61% | 25.20% | 24.90% | 23.76% | 21.26% | 19.93% | 18.78% | 17.65% | 19.36% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $328,900K ÷ $2,422,000K
= 13.58%
Fortune Brands Innovations Inc.'s return on equity (ROE) has shown fluctuations over the analyzed period from March 31, 2020, to December 31, 2024. The ROE started at 19.36% in March 2020, gradually increased to reach a peak of 32.91% by the end of December 2022. Subsequently, there was a decline in ROE to 13.58% by December 31, 2024.
The trend in ROE indicates that the company was efficiently utilizing its equity to generate profits, as reflected in the increasing ROE figures until 2022. However, the sharp decline in ROE from 2023 to 2024 suggests a potential decrease in profitability compared to the earlier period.
It is essential for stakeholders to further investigate the reasons behind the decline in ROE in the latter period to assess the company's financial performance and sustainability in generating returns for its shareholders.
Peer comparison
Dec 31, 2024