Knowles Cor (KN)
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 | -237,800 | -208,900 | -192,800 | 80,100 | 72,400 | -183,000 | -196,900 | -453,400 | -430,100 | -129,500 | -104,500 | 156,000 | 150,400 | 87,400 | 65,300 | 28,200 | 6,600 | -2,500 | 17,300 | 42,700 |
| Total stockholders’ equity | US$ in thousands | 756,000 | 777,400 | 753,000 | 1,033,900 | 1,034,100 | 993,300 | 986,500 | 987,400 | 992,900 | 1,180,200 | 1,203,600 | 1,474,100 | 1,459,500 | 1,366,100 | 1,332,100 | 1,323,700 | 1,303,500 | 1,264,600 | 1,243,800 | 1,253,800 |
| ROE | -31.46% | -26.87% | -25.60% | 7.75% | 7.00% | -18.42% | -19.96% | -45.92% | -43.32% | -10.97% | -8.68% | 10.58% | 10.30% | 6.40% | 4.90% | 2.13% | 0.51% | -0.20% | 1.39% | 3.41% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-237,800K ÷ $756,000K
= -31.46%
Return on equity (ROE) is a key financial ratio that measures a company's profitability by evaluating how efficiently it is utilizing its shareholders' equity. In the case of Knowles Cor, the ROE fluctuated significantly over the analyzed period, ranging from as low as -45.92% in March 31, 2023, to a high of 10.58% in March 31, 2022.
The trend in Knowles Cor's ROE shows a mix of positive and negative performance, with a general downward trajectory in recent quarters. This could indicate challenges in generating profits relative to the shareholders' equity invested in the company.
The negative ROE values observed in several quarters, especially in the latter part of the period, suggest that Knowles Cor may be experiencing financial difficulties or inefficiencies in its operations. A negative ROE implies that the company is not generating sufficient profits to cover the shareholders' equity base.
The positive ROE values seen in some periods, particularly in the earlier part of the period, indicate that Knowles Cor was able to generate profits and create value for its shareholders during those times.
Overall, the fluctuating ROE trend of Knowles Cor signals a need for further analysis to understand the underlying factors driving these changes and to assess the company's financial health and performance more comprehensively.
Peer comparison
Dec 31, 2024