Installed Building Products Inc (IBP)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 256,600 | 243,700 | 223,400 | 118,800 | 97,239 |
| Total stockholders’ equity | US$ in thousands | 705,300 | 670,300 | 493,499 | 416,840 | 319,182 |
| ROE | 36.38% | 36.36% | 45.27% | 28.50% | 30.47% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $256,600K ÷ $705,300K
= 36.38%
Installed Building Products Inc's return on equity (ROE) has shown a fluctuating trend over the past years. The ROE was 30.47% as of December 31, 2020, which decreased slightly to 28.50% by December 31, 2021. However, there was a significant increase in ROE to 45.27% as of December 31, 2022, indicating improved profitability relative to shareholder equity.
Subsequently, the ROE decreased to 36.36% by December 31, 2023, and remained relatively stable at 36.38% by December 31, 2024. Overall, the ROE performance of Installed Building Products Inc reflects periods of both growth and stability, demonstrating the company's ability to generate profit from shareholders' equity, though fluctuations in the ratio should be further analyzed in conjunction with other financial metrics for a comprehensive assessment of the company's financial health and performance.
Peer comparison
Dec 31, 2024