Innospec Inc (IOSP)
Return on equity (ROE)
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 112,100 | 101,500 | 92,000 | 91,600 |
| Total stockholders’ equity | US$ in thousands | 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 | -74,400 | 881,800 | 862,700 | 848,400 |
| ROE | 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% | — | 11.51% | 10.66% | 10.80% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $139,000K ÷ $1,147,100K
= 12.12%
Innospec Inc's return on equity (ROE) has shown a positive trend over the past eight quarters, ranging from 9.94% in Q1 2022 to 12.81% in Q4 2022. The company's ROE peaked in Q4 2022 before experiencing a slight decline in the subsequent quarters. Despite the fluctuations, the ROE has generally remained above 10% during this period, indicating that the company is effectively generating profits from its shareholder equity. With ROE values consistently in the double digits, it suggests that Innospec Inc is utilizing its equity efficiently to generate returns for shareholders. Overall, the trend in ROE for Innospec Inc reflects a solid financial performance and effective management of shareholder equity.
Peer comparison
Dec 31, 2023