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.