Masco Corporation (MAS)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 822,000 | 908,000 | 844,000 | 410,000 | 1,224,000 |
| Total stockholders’ equity | US$ in thousands | -279,000 | -126,000 | -480,000 | -179,000 | 195,000 |
| ROE | — | — | — | — | 627.69% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $822,000K ÷ $-279,000K
= —
Masco Corporation's return on equity (ROE) for December 31, 2020, was exceptionally high at 627.69%. This indicates that the company generated a significant amount of net income relative to its shareholder equity during that period. However, the ROE data for the subsequent years, December 31, 2021, December 31, 2022, December 31, 2023, and December 31, 2024, is not available in the provided data set.
A high ROE can be a positive signal of management efficiency in utilizing shareholder equity to generate profits. It suggests that Masco Corporation was able to generate substantial returns for its shareholders relative to the equity they have invested in the company.
It is important to note that ROE can fluctuate over time due to changes in profitability, asset utilization, and leverage ratios. Without data for the following years, it is challenging to assess the trend in Masco Corporation's ROE and its sustained ability to generate returns on equity. Further analysis with additional information would be needed to fully evaluate the company's financial performance and shareholder value creation over time.