HNI Corp (HNI)
Return on equity (ROE)
| Dec 31, 2024 | Sep 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 | 126,200 | 125,700 | 65,400 | 49,300 | 42,900 | 68,200 | 111,300 | 123,900 | 115,800 | 71,900 | 59,000 | 59,819 | 74,170 | 85,658 | 80,814 | 41,900 | 66,944 | 82,334 | 85,588 | 110,505 |
| Total stockholders’ equity | US$ in thousands | 840,100 | 846,600 | 771,500 | 761,400 | 740,800 | 715,000 | 612,800 | 616,500 | 606,100 | 561,700 | 581,718 | 589,600 | 629,384 | 634,460 | 617,436 | 590,419 | 573,269 | 552,747 | 551,332 | 584,044 |
| ROE | 15.02% | 14.85% | 8.48% | 6.47% | 5.79% | 9.54% | 18.16% | 20.10% | 19.11% | 12.80% | 10.14% | 10.15% | 11.78% | 13.50% | 13.09% | 7.10% | 11.68% | 14.90% | 15.52% | 18.92% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $126,200K ÷ $840,100K
= 15.02%
HNI Corp's return on equity (ROE) has fluctuated over the analyzed period. Starting at 18.92% on December 31, 2019, the ROE decreased to 7.10% by the end of December 2020, indicating a declining trend. However, there was a slight recovery in the ROE to 13.50% on June 30, 2021.
Subsequently, the ROE displayed some variability, with fluctuations seen in the range of 10%-20% up to December 31, 2022. Notably, the ROE peaked at 20.10% on December 31, 2022, showing a significant improvement.
However, the ROE saw a substantial decline to 5.79% on September 30, 2023, reaching its lowest point in the analyzed period. There was a slight rebound to 15.02% by the end of December 2024.
Overall, HNI Corp's ROE performance has been volatile, with periods of improvement followed by declines. It is essential for stakeholders to monitor this metric closely to assess the company's profitability and efficiency in generating profits from shareholders' equity.