MSA Safety (MSA)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 284,967 | 58,583 | 179,630 | 21,340 | 124,077 |
| Total stockholders’ equity | US$ in thousands | 1,143,320 | 966,802 | 923,741 | 834,388 | 809,891 |
| ROE | 24.92% | 6.06% | 19.45% | 2.56% | 15.32% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $284,967K ÷ $1,143,320K
= 24.92%
Based on the data provided, MSA Safety's return on equity (ROE) has shown fluctuations over the years.
- In December 31, 2020, the ROE stood at 15.32%, indicating the company generated a respectable return on shareholders' equity.
- However, by December 31, 2021, the ROE dropped significantly to 2.56%, suggesting a decline in the company's ability to utilize equity effectively to generate profits.
- The ROE rebounded in December 31, 2022, reaching 19.45%, showcasing improved efficiency in utilizing equity to generate returns.
- By December 31, 2023, the ROE decreased to 6.06%, indicating a dip in profitability compared to the previous year.
- The most recent data point, December 31, 2024, shows a significant increase in ROE to 24.92%, reflecting a strong performance and efficient use of shareholders' equity to generate profits.
Overall, the trend in MSA Safety's ROE demonstrates some volatility, with periods of both improvement and decline. Investors and stakeholders may want to further investigate the factors driving these fluctuations to assess the company's financial performance and future prospects.
Peer comparison
Dec 31, 2024