Kadant Inc (KAI)
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 | 111,598 | 114,962 | 114,240 | 112,683 | 116,069 | 114,752 | 111,375 | 107,811 | 120,928 | 119,006 | 111,980 | 108,674 | 84,043 | 76,093 | 70,483 | 59,226 | 55,196 | 47,738 | 49,002 | 53,699 |
| Total stockholders’ equity | US$ in thousands | 847,127 | 851,733 | 807,711 | 782,687 | 773,702 | 731,652 | 710,871 | 682,364 | 653,849 | 608,049 | 604,152 | 597,855 | 563,936 | 541,887 | 529,235 | 502,588 | 495,359 | 460,941 | 438,721 | 422,774 |
| ROE | 13.17% | 13.50% | 14.14% | 14.40% | 15.00% | 15.68% | 15.67% | 15.80% | 18.49% | 19.57% | 18.54% | 18.18% | 14.90% | 14.04% | 13.32% | 11.78% | 11.14% | 10.36% | 11.17% | 12.70% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $111,598K ÷ $847,127K
= 13.17%
Kadant Inc's return on equity (ROE) has experienced fluctuations over the period from March 31, 2020, to December 31, 2024. The trend shows a general increase in ROE from 12.70% in March 2020 to a peak of 19.57% in September 2022. This upward trajectory indicates the company's ability to generate more profit from its shareholders' equity.
However, after reaching its highest point in September 2022, ROE started to decline gradually. By December 31, 2024, the ROE had decreased to 13.17%, reflecting a slight downward trend. This decline could be attributed to various factors such as changes in profitability, leverage, or overall efficiency in utilizing shareholder equity.
Overall, Kadant Inc's ROE performance demonstrates a mix of positive growth and stabilization, with the need for further analysis to understand the drivers behind the fluctuations in the return on equity.
Peer comparison
Dec 31, 2024