Haemonetics Corporation (HAE)
Return on equity (ROE)
Mar 31, 2025 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 167,679 | 130,065 | 123,812 | 114,889 | 117,558 | 126,574 | 128,277 | 136,566 | 115,401 | 95,759 | 86,047 | 67,706 | 43,375 | 22,593 | 31,243 | 64,488 | 79,469 | 108,134 | 106,147 | 95,532 |
Total stockholders’ equity | US$ in thousands | 951,605 | 906,860 | 878,851 | 905,368 | 959,959 | 943,319 | 893,660 | 864,616 | 817,997 | 775,979 | 729,009 | 770,423 | 749,424 | 730,775 | 698,549 | 677,080 | 731,670 | 719,152 | 667,923 | 608,569 |
ROE | 17.62% | 14.34% | 14.09% | 12.69% | 12.25% | 13.42% | 14.35% | 15.79% | 14.11% | 12.34% | 11.80% | 8.79% | 5.79% | 3.09% | 4.47% | 9.52% | 10.86% | 15.04% | 15.89% | 15.70% |
March 31, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $167,679K ÷ $951,605K
= 17.62%
Haemonetics Corporation's return on equity (ROE) has shown fluctuations over the period from June 30, 2020, to March 31, 2025.
The ROE was relatively stable between June 30, 2020, and March 31, 2021, ranging from 15.70% to 10.86%. However, there was a noticeable decline in ROE in subsequent quarters, reaching a low of 3.09% by December 31, 2021. This downward trend continued until March 31, 2022, when the ROE increased to 5.79%.
From June 30, 2022, to March 31, 2025, Haemonetics Corporation's ROE showed an improving trend, gradually increasing from 8.79% to 17.62% by the end of March 2025. This indicates a positive development in the company's ability to generate profits from shareholders' equity.
Overall, the fluctuation in ROE over the period suggests that Haemonetics Corporation has experienced varying levels of profitability relative to its equity base. The recent uptrend in ROE is a positive indication of the company's improving financial performance and efficiency in utilizing shareholders' equity to generate returns.
Peer comparison
Mar 31, 2025