Acushnet Holdings Corp (GOLF)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 214,298 | 198,429 | 199,278 | 178,873 | 96,006 |
| Total stockholders’ equity | US$ in thousands | 765,247 | 864,235 | 939,056 | 1,042,840 | 984,075 |
| ROE | 28.00% | 22.96% | 21.22% | 17.15% | 9.76% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $214,298K ÷ $765,247K
= 28.00%
Acushnet Holdings Corp's return on equity (ROE) has shown a positive trend over the years, increasing from 9.76% in 2020 to 28.00% in 2024. This improvement indicates that the company's ability to generate profit from the shareholders' equity has been strengthening steadily. The consistent growth in ROE signifies that Acushnet Holdings Corp has been effectively utilizing its equity capital to generate profits for its shareholders. The upward trajectory of ROE is a positive indicator of the company's financial health and operational efficiency, demonstrating its capacity to generate higher returns on the investment made by shareholders.
Peer comparison
Dec 31, 2024