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.