IDEX Corporation (IEX)

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 505,000 490,400 580,400 577,700 596,100 617,500 587,100 586,700 586,900 575,700 512,742 476,737 449,445 431,713 419,819 388,488 377,778 373,560 374,906 417,251
Total stockholders’ equity US$ in thousands 3,794,700 3,818,900 3,653,800 3,618,600 3,541,400 3,387,100 3,278,700 3,229,200 3,039,300 2,802,800 2,788,200 2,899,000 2,803,100 2,726,240 2,672,800 2,609,930 2,540,200 2,396,530 2,261,040 2,229,790
ROE 13.31% 12.84% 15.88% 15.96% 16.83% 18.23% 17.91% 18.17% 19.31% 20.54% 18.39% 16.44% 16.03% 15.84% 15.71% 14.88% 14.87% 15.59% 16.58% 18.71%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $505,000K ÷ $3,794,700K
= 13.31%

Looking at the return on equity (ROE) trend of IDEX Corporation over the past few years, we can observe fluctuations in the company's ability to generate profits from shareholders' equity investment.

From March 31, 2020, to June 30, 2022, the ROE generally showed a positive trend, increasing from 18.71% to 18.39%. This indicates that the company was efficiently utilizing its equity to generate returns for its shareholders during this period.

However, starting from September 30, 2022, there was a significant increase in the ROE to 20.54%, indicating a notable improvement in profitability. This peak was followed by a slight decline in the next quarter to 19.31% as of December 31, 2022.

From March 31, 2023, to December 31, 2024, the ROE experienced a downward trend, dropping to 13.31% by the end of December 2024. This decline suggests a decrease in the company's ability to generate profits relative to the shareholders' equity investment during this period.

Overall, while the ROE of IDEX Corporation has shown some fluctuations over the years, it is essential for investors and analysts to closely monitor these trends to assess the company's efficiency in generating profits from equity and its long-term sustainability.