MillerKnoll Inc (MLKN)
Return on equity (ROE)
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Mar 2, 2024 | Feb 29, 2024 | Dec 2, 2023 | Nov 30, 2023 | Sep 2, 2023 | Aug 31, 2023 | Jun 3, 2023 | May 31, 2023 | Mar 4, 2023 | Feb 28, 2023 | Dec 3, 2022 | Nov 30, 2022 | Sep 3, 2022 | Aug 31, 2022 | May 31, 2022 | May 28, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 30,100 | 65,000 | 53,100 | 87,800 | 111,400 | 105,900 | 100,400 | 66,800 | 34,400 | 18,100 | 2,500 | 18,600 | 33,500 | 58,900 | 83,600 | 89,100 | 94,600 | 81,400 | 70,000 | 45,100 |
| Total stockholders’ equity | US$ in thousands | 1,254,100 | 1,310,800 | 1,332,500 | 1,385,100 | 1,390,900 | 1,390,900 | 1,420,600 | 1,420,600 | 1,422,300 | 1,422,300 | 1,432,600 | 1,432,600 | 1,433,900 | 1,433,900 | 1,434,300 | 1,434,300 | 1,374,800 | 1,374,800 | 1,427,100 | 1,427,100 |
| ROE | 2.40% | 4.96% | 3.98% | 6.34% | 8.01% | 7.61% | 7.07% | 4.70% | 2.42% | 1.27% | 0.17% | 1.30% | 2.34% | 4.11% | 5.83% | 6.21% | 6.88% | 5.92% | 4.91% | 3.16% |
February 28, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $30,100K ÷ $1,254,100K
= 2.40%
MillerKnoll Inc's return on equity (ROE) has shown fluctuations over the period analyzed. The ROE started at a low of 3.16% in May 28, 2022, gradually increasing to a peak of 8.01% in March 2, 2024. However, there have been periods of decline in ROE, with some notable drops observed in the latter part of the dataset. Overall, the ROE trend indicates variability in the company's profitability relative to its equity, emphasizing the importance of monitoring and analyzing factors influencing ROE to sustain and enhance shareholder value.