Healthcare Services Group Inc (HCSG)

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	39,471	50,149	30,625	40,667	37,029	30,590	36,406	34,972	34,630	20,576	29,794	32,539	45,863	71,505	89,609	103,145	98,682	89,830	80,530	75,615
Total stockholders’ equity	US$ in thousands	499,927	488,748	471,423	474,581	456,616	441,733	450,589	440,572	426,172	422,076	437,845	446,637	452,677	480,205	488,304	493,102	480,461	464,750	449,687	438,179
ROE		7.90%	10.26%	6.50%	8.57%	8.11%	6.92%	8.08%	7.94%	8.13%	4.87%	6.80%	7.29%	10.13%	14.89%	18.35%	20.92%	20.54%	19.33%	17.91%	17.26%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $39,471K ÷ $499,927K
= 7.90%

Healthcare Services Group Inc's return on equity (ROE) has shown some fluctuations over the past few years. The ROE increased from 17.26% in March 2020 to a peak of 20.92% in March 2021, indicating strong profitability in relation to shareholders' equity during this period. However, the ROE started declining thereafter, reaching 7.29% by March 2022 and fluctuating around this level in the subsequent quarters.

The ROE in the most recent period of December 2024 was 7.90%, showing a modest improvement from the previous quarters. Overall, the ROE trend suggests some volatility in the company's ability to generate profits from the shareholders' investments, with variations in performance over time. It would be important to assess the underlying factors driving these fluctuations to better understand the company's financial health and performance.