Masco Corporation (MAS)
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 | 822,000 | 831,000 | 913,000 | 918,000 | 908,000 | 832,000 | 801,000 | 816,000 | 844,000 | 861,000 | 863,000 | 549,000 | 410,000 | 473,000 | 528,000 | 788,000 | 1,224,000 | 1,482,000 | 1,333,000 | 1,349,000 |
| Total stockholders’ equity | US$ in thousands | -279,000 | -88,000 | -26,000 | -75,000 | -126,000 | -56,000 | -192,000 | -379,000 | -480,000 | -617,000 | -742,000 | -371,000 | -179,000 | -126,000 | -154,000 | -17,000 | 195,000 | 141,000 | -136,000 | -348,000 |
| ROE | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 627.69% | 1,051.06% | — | — |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $822,000K ÷ $-279,000K
= —
The return on equity (ROE) for Masco Corporation has shown significant fluctuations based on the data provided. As of September 30, 2020, the ROE was exceptionally high at 1,051.06%, indicating strong profitability relative to shareholders' equity. This sharp increase could be attributed to efficient use of equity capital to generate earnings.
Subsequently, by December 31, 2020, the ROE decreased to 627.69%, still at a relatively high level but indicating a slight decline in profitability compared to the prior period. The decrease in ROE could be a result of various factors such as changes in net income, equity levels, or financial leverage.
Following December 2020, the data indicates that there are no ROE figures available for the subsequent quarters up to December 31, 2024. The absence of ROE data in these periods could be due to various reasons, including irregular reporting, changes in accounting practices, or temporary performance volatility.
Furthermore, the lack of ROE figures beyond 2020 limits a comprehensive trend analysis and understanding of Masco Corporation's long-term return on equity performance. It is important for investors and stakeholders to monitor ROE consistently to assess the company's ability to generate profits from shareholders' equity and to evaluate its financial health and operational efficiency over time.