Hillenbrand Inc (HI)
Return on equity (ROE)
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -211,000 | -207,400 | 84,800 | 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 |
| Total stockholders’ equity | US$ in thousands | 1,423,000 | 1,409,500 | 1,651,100 | 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 |
| ROE | -14.83% | -14.71% | 5.14% | 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% |
September 30, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-211,000K ÷ $1,423,000K
= -14.83%
Hillenbrand Inc's return on equity (ROE) has fluctuated over the past few years. The ROE was negative in the most recent quarter at -14.83%, indicating that the company's net income was insufficient to cover shareholders' equity. This negative ROE suggests potential concerns about the company's profitability and efficiency in generating returns for shareholders.
In contrast, the ROE was relatively strong in the previous quarter at 32.06%, indicating that the company was able to generate a significant return on its equity. However, this was followed by a decline in the ROE to 5.14% in the quarter before the most recent one. This pattern of fluctuation suggests potential volatility and inconsistency in the company's financial performance.
Looking further back, Hillenbrand Inc has shown higher ROE levels in some quarters, such as 37.53% in the first quarter of 2023 and 35.39% in the second quarter of 2021. These higher ROE figures indicate strong profitability and efficient use of shareholders' equity during those periods.
Overall, Hillenbrand Inc's ROE has shown variability, with both strong and weak periods in terms of generating returns for shareholders. It will be important for investors and analysts to monitor how the company manages its profitability and operational efficiency to sustain and improve its ROE in the future.
Peer comparison
Sep 30, 2024