Integer Holdings Corp (ITGR)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 119,896 | 90,650 | 66,377 | 96,808 | 77,258 |
| Total stockholders’ equity | US$ in thousands | 1,619,220 | 1,519,040 | 1,417,460 | 1,354,700 | 1,271,060 |
| ROE | 7.40% | 5.97% | 4.68% | 7.15% | 6.08% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $119,896K ÷ $1,619,220K
= 7.40%
Based on the data provided, Integer Holdings Corp's return on equity (ROE) has been showing some fluctuations over the years. In 2020, the ROE was 6.08%, which increased to 7.15% by the end of 2021. However, in 2022, there was a decline to 4.68% before slightly picking up to 5.97% in 2023. The most recent data for 2024 shows an improvement with an ROE of 7.40%.
The variability in ROE indicates that Integer Holdings Corp's ability to generate profit from the shareholders' equity has been somewhat inconsistent over the years. It is important for the company to carefully assess the factors contributing to these fluctuations and strive for sustainable growth in ROE to enhance shareholder value in the long term.
Peer comparison
Dec 31, 2024