National Presto Industries Inc (NPK)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 41,460 | 34,559 | 20,699 | 25,654 | 46,958 |
| Total stockholders’ equity | US$ in thousands | 367,627 | 356,256 | 348,052 | 357,623 | 374,348 |
| ROE | 11.28% | 9.70% | 5.95% | 7.17% | 12.54% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $41,460K ÷ $367,627K
= 11.28%
National Presto Industries Inc's Return on Equity (ROE) has shown some fluctuations over the past five years.
In December 2020, the company had an ROE of 12.54%, indicating that for every dollar of equity invested, the company generated a return of 12.54%. However, by December 2021, the ROE decreased to 7.17%, suggesting a decline in the company's profitability and efficiency in utilizing its equity.
The trend continued in December 2022, with the ROE dropping further to 5.95%, reflecting a continued decrease in the company's ability to generate returns on shareholder equity.
There was a slight improvement in December 2023, where the ROE increased to 9.70%, suggesting that the company may have taken measures to enhance its profitability and efficiency.
By December 2024, the company's ROE improved again to 11.28%, indicating a further recovery in the company's ability to generate returns on equity.
Overall, the fluctuation in National Presto Industries Inc's ROE over the past five years showcases some volatility in the company's profitability and efficiency in utilizing shareholder equity. It is essential for investors and stakeholders to monitor these ratios to assess the company's financial performance and sustainability over time.
Peer comparison
Dec 31, 2024