Inter Parfums Inc (IPAR)
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 | 152,654 | 158,833 | 147,042 | 139,707 | 120,938 | 103,115 | 100,008 | 95,048 | 87,411 | 103,374 | 81,596 | 55,821 | 38,218 | 31,669 | 35,979 | 51,415 | 60,250 | 60,107 | 58,197 | 56,778 |
| Total stockholders’ equity | US$ in thousands | 699,393 | 690,309 | 668,201 | 658,406 | 616,782 | 574,696 | 569,814 | 584,559 | 571,920 | 585,659 | 561,319 | 540,112 | 535,835 | 499,460 | 465,988 | 462,024 | 468,004 | 457,261 | 458,989 | 453,891 |
| ROE | 21.83% | 23.01% | 22.01% | 21.22% | 19.61% | 17.94% | 17.55% | 16.26% | 15.28% | 17.65% | 14.54% | 10.34% | 7.13% | 6.34% | 7.72% | 11.13% | 12.87% | 13.15% | 12.68% | 12.51% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $152,654K ÷ $699,393K
= 21.83%
Inter Parfums, Inc.'s return on equity (ROE) has shown a positive trend over the past eight quarters, indicating an improvement in its profitability and efficient utilization of shareholders' equity. The ROE increased steadily from 16.26% in Q1 2022 to 23.01% in Q3 2023.
The company's ROE remained consistently above 20% in the last four quarters, which indicates that Inter Parfums, Inc. is generating a solid return on the equity invested by shareholders. This suggests that the company is effectively leveraging its equity to generate profits for its owners.
Overall, Inter Parfums, Inc.'s increasing ROE trend reflects positively on its financial performance and management's ability to deliver value to its shareholders. It indicates that the company is efficiently using its equity capital to generate profits, which is a key factor in evaluating its overall financial health and sustainability.
Peer comparison
Dec 31, 2023