Enpro Industries (NPO)
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 | 61,700 | 42,900 | 31,400 | -13,900 | 10,800 | -45,400 | -26,800 | 26,200 | 17,000 | 180,900 | 181,900 | 176,800 | 178,000 | 67,100 | 19,500 | -16,300 | 184,400 | 195,300 | 213,500 | 243,900 |
Total stockholders’ equity | US$ in thousands | 1,428,600 | 1,457,900 | 1,430,400 | 1,413,900 | 1,409,700 | 1,407,900 | 1,414,400 | 1,435,100 | 1,395,100 | 1,267,800 | 1,275,000 | 1,261,300 | 1,266,600 | 1,140,700 | 1,118,100 | 1,080,900 | 1,078,500 | 1,065,900 | 1,084,200 | 1,071,900 |
ROE | 4.32% | 2.94% | 2.20% | -0.98% | 0.77% | -3.22% | -1.89% | 1.83% | 1.22% | 14.27% | 14.27% | 14.02% | 14.05% | 5.88% | 1.74% | -1.51% | 17.10% | 18.32% | 19.69% | 22.75% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $61,700K ÷ $1,428,600K
= 4.32%
Enpro Industries' return on equity (ROE) has displayed fluctuations over the past few years. Starting at a relatively strong level of 22.75% on March 31, 2020, the ROE declined to 1.51% by March 31, 2021, indicating a significant drop in profitability relative to shareholders' equity.
From June 30, 2021, the ROE began to recover, reaching 14.27% by June 30, 2022, before steadying around this level for the next few quarters. This stabilization suggests that the company may have implemented strategies to improve its profitability and operational efficiency.
However, towards the end of 2023 and into 2024, the ROE showed signs of decline again, reaching negative percentages in some quarters. This downward trend could raise concerns about Enpro Industries' ability to generate returns for its shareholders and may require further analysis to identify the underlying reasons for this decline.
Overall, the fluctuating trend of Enpro Industries' ROE indicates a varying profitability performance over the periods analyzed, highlighting the importance of closely monitoring and evaluating the company's financial health and operational effectiveness.