Materion Corporation (MTRN)
Return on equity (ROE)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 95,702 | 104,998 | 98,386 | 97,559 | 85,990 | 76,909 | 75,113 | 69,726 | 72,474 | 60,857 | 48,172 | 36,107 | 15,462 | 21,742 | 20,793 | 32,383 | 53,394 | 18,220 | 33,664 | 27,415 |
| Total stockholders’ equity | US$ in thousands | 885,053 | 871,968 | 847,123 | 821,994 | 799,990 | 766,677 | 749,154 | 730,964 | 720,440 | 697,428 | 681,701 | 661,336 | 655,630 | 644,172 | 638,356 | 630,769 | 645,743 | 597,796 | 594,785 | 566,877 |
| ROE | 10.81% | 12.04% | 11.61% | 11.87% | 10.75% | 10.03% | 10.03% | 9.54% | 10.06% | 8.73% | 7.07% | 5.46% | 2.36% | 3.38% | 3.26% | 5.13% | 8.27% | 3.05% | 5.66% | 4.84% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $95,702K ÷ $885,053K
= 10.81%
Materion Corp's return on equity (ROE) has shown relatively steady performance over the past eight quarters, ranging from 9.54% to 12.04%. ROE is a key profitability metric that indicates how efficiently a company is utilizing its equity to generate profits for shareholders.
The variations in Materion Corp's ROE over the quarters may suggest fluctuations in the company's profitability and efficiency in generating returns on shareholders' equity. The overall trend seems to indicate a stable and moderate performance, with ROE consistently above 10% in recent quarters.
It is important for investors and analysts to delve deeper into the company's financial statements and operational performance to understand the factors driving these fluctuations in ROE. Assessing the company's revenue growth, cost management, debt levels, and asset utilization can provide additional insights into the drivers of its ROE performance.
In conclusion, Materion Corp's ROE performance appears to be relatively stable, but further analysis is needed to understand the underlying factors influencing these results and to determine the company's overall financial health.