Innospec Inc (IOSP)
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 | 33,200 | 145,100 | 150,100 | 147,300 | 139,000 | 127,000 | 126,400 | 129,600 | 133,000 | 131,300 | 116,000 | 106,000 | 92,800 | 91,700 | 81,000 | 19,000 | 28,700 | 37,200 | 54,600 | 116,500 |
Total stockholders’ equity | US$ in thousands | 1,211,200 | 1,243,400 | 1,192,600 | 1,183,600 | 1,147,100 | 1,125,400 | 1,092,200 | 1,078,200 | 1,038,000 | 1,089,400 | 1,067,900 | 1,068,200 | 1,032,400 | 992,500 | 973,600 | 958,600 | 944,400 | -64,300 | 899,200 | 943,800 |
ROE | 2.74% | 11.67% | 12.59% | 12.45% | 12.12% | 11.28% | 11.57% | 12.02% | 12.81% | 12.05% | 10.86% | 9.92% | 8.99% | 9.24% | 8.32% | 1.98% | 3.04% | — | 6.07% | 12.34% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $33,200K ÷ $1,211,200K
= 2.74%
Innospec Inc's return on equity (ROE) has shown fluctuations over the period indicated. The trend began at 12.34% as of March 31, 2020, and experienced a slight drop to 6.07% by June 30, 2020. The ROE was not available for September 30, 2020. Thereafter, the ROE continued to decline to 3.04% by December 31, 2020, and further decreased to 1.98% by March 31, 2021.
However, the ROE saw improvements in the following quarters, with an increasing trend from 8.32% as of June 30, 2021, reaching 12.81% by December 31, 2022. The ROE fluctuated around this level, with slight variations, until September 30, 2024, where it slightly dropped to 11.67%. The ROE then experienced a significant decline to 2.74% as of December 31, 2024.
In summary, Innospec Inc's ROE has seen fluctuations over the period under review, with notable ups and downs. It is essential for stakeholders to further investigate the factors behind these fluctuations to gain a better understanding of the company's profitability and efficiency in generating returns for its shareholders.
Peer comparison
Dec 31, 2024