Hillenbrand Inc (HI)

Return on equity (ROE)

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	541,400	569,700	608,300	613,800	205,400	208,900	207,100	198,700	222,500	249,900	435,400	419,000	266,900	187,400	113,600	120,000	232,000	263,400	260,900	266,400
Total stockholders’ equity	US$ in thousands	1,688,600	1,630,300	1,654,000	1,635,600	1,162,600	1,082,900	1,127,000	1,254,500	1,232,600	1,209,600	1,230,200	1,214,400	1,185,900	1,059,000	1,036,600	1,009,000	1,127,100	754,100	781,200	756,800
ROE		32.06%	34.94%	36.78%	37.53%	17.67%	19.29%	18.38%	15.84%	18.05%	20.66%	35.39%	34.50%	22.51%	17.70%	10.96%	11.89%	20.58%	34.93%	33.40%	35.20%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $541,400K ÷ $1,688,600K
= 32.06%

Hillenbrand Inc's return on equity (ROE) has shown a fluctuating trend over the past eight quarters. The ROE was relatively high in Q2 2023 at 37.53% but experienced a decline in subsequent quarters. Despite this, the ROE remained above 15% in all quarters, indicating a consistent ability to generate profit from shareholders' equity. The company's performance peaked in Q3 2023 with an ROE of 36.78%. Overall, Hillenbrand Inc has maintained a healthy ROE, reflecting efficient utilization of equity to generate earnings for shareholders.

Peer comparison

Dec 31, 2023

Company name

Symbol

ROE

Hillenbrand Inc

32.06%