Ingersoll Rand Inc (IR)

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 838,600 838,600 825,300 819,800 778,700 766,300 703,100 662,100 604,700 680,300 661,200 756,600 562,500 421,100 324,600 -86,900 -33,300 -159,200 -147,400 75,100
Total stockholders’ equity US$ in thousands 10,179,000 10,267,600 9,958,200 9,855,300 9,783,800 9,554,000 9,414,800 9,317,300 9,195,800 8,750,900 8,776,900 8,992,200 9,001,500 8,653,600 9,277,900 8,956,700 9,119,700 8,771,700 8,574,900 8,686,200
ROE 8.24% 8.17% 8.29% 8.32% 7.96% 8.02% 7.47% 7.11% 6.58% 7.77% 7.53% 8.41% 6.25% 4.87% 3.50% -0.97% -0.37% -1.81% -1.72% 0.86%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $838,600K ÷ $10,179,000K
= 8.24%

Over the past few years, Ingersoll Rand Inc's return on equity (ROE) has shown a fluctuating trend. Starting from negative values in mid-2020, the ROE gradually improved and turned positive by the first quarter of 2021. Subsequently, the ROE continued to increase steadily, reaching a peak of 8.32% by the first quarter of 2024. This indicates that the company's ability to generate profits from shareholders' equity has been improving over time.

Overall, the trend in Ingersoll Rand Inc's ROE suggests a positive performance in utilizing shareholders' equity to generate returns, reflecting efficient management of resources and potential growth opportunities.