MSA Safety (MSA)
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 | 284,967 | 273,431 | 272,039 | 266,895 | 58,583 | 33,662 | 13,294 | -6,121 | 179,580 | 66,615 | 42,894 | 20,387 | 21,285 | 95,099 | 101,944 | 112,798 | 120,003 | 138,791 | 152,920 | 156,645 |
Total stockholders’ equity | US$ in thousands | 1,143,320 | 1,095,340 | 1,033,650 | 994,754 | 966,802 | 868,726 | 831,131 | 769,746 | 923,741 | 842,415 | 838,070 | 860,907 | 834,388 | 824,177 | 848,768 | 814,676 | 809,891 | 780,103 | 748,654 | 712,596 |
ROE | 24.92% | 24.96% | 26.32% | 26.83% | 6.06% | 3.87% | 1.60% | -0.80% | 19.44% | 7.91% | 5.12% | 2.37% | 2.55% | 11.54% | 12.01% | 13.85% | 14.82% | 17.79% | 20.43% | 21.98% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $284,967K ÷ $1,143,320K
= 24.92%
The return on equity (ROE) of MSA Safety has displayed fluctuations over the given time period. The ROE started at a relatively high level of 21.98% in March 2020 but gradually decreased to 2.37% by June 2022. During this period, the ROE showed a declining trend, indicating potential challenges in generating profit relative to shareholders' equity.
From June 2022, there was a notable improvement in ROE, reaching 26.83% by March 2024. This significant increase suggests that the company was able to enhance its profitability and efficiently utilize shareholders' equity during this period.
Overall, the fluctuating pattern of ROE indicates varying levels of profitability and efficiency in utilizing shareholder funds within MSA Safety. It is important for stakeholders to closely monitor these trends to assess the company's financial performance and sustainability in the long run.
Peer comparison
Dec 31, 2024