Manhattan Associates Inc (MANH)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 218,364 | 176,568 | 128,959 | 110,472 | 87,240 |
| Total stockholders’ equity | US$ in thousands | 299,126 | 278,278 | 226,800 | 250,644 | 218,897 |
| ROE | 73.00% | 63.45% | 56.86% | 44.08% | 39.85% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $218,364K ÷ $299,126K
= 73.00%
Based on the provided data, Manhattan Associates Inc has shown a consistent growth in its return on equity (ROE) over the past five years. The ROE increased from 39.85% in December 2020 to 73.00% by the end of December 2024, reflecting a significant improvement in the company's profitability and efficiency in generating returns for its shareholders.
This upward trend in ROE indicates that Manhattan Associates Inc has been effectively utilizing its equity to generate profits and create value for its investors. The company's ability to increase its ROE over the years suggests that it is efficiently managing its assets and liabilities to maximize shareholder returns.
The substantial increase in ROE from 2020 to 2024 implies that Manhattan Associates Inc has been successful in enhancing its operational performance, controlling costs, and possibly expanding its business in a profitable manner. A ROE of 73.00% by the end of 2024 indicates that the company is delivering strong financial results and making efficient use of its shareholders' equity.
Overall, Manhattan Associates Inc's improving ROE demonstrates its strong financial performance and efficient utilization of equity, which are positive indicators for the company's long-term growth and sustainability in the market.
Peer comparison
Dec 31, 2024