Insight Enterprises Inc (NSIT)
Return on equity (ROE)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 281,309 | 280,608 | 219,345 | 172,640 | 159,407 |
| Total stockholders’ equity | US$ in thousands | 1,735,730 | 1,638,070 | 1,509,230 | 1,342,430 | 1,160,320 |
| ROE | 16.21% | 17.13% | 14.53% | 12.86% | 13.74% |
December 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $281,309K ÷ $1,735,730K
= 16.21%
Insight Enterprises Inc.'s return on equity (ROE) has shown a fluctuating trend over the past five years. In 2023, the ROE decreased to 16.21% from 17.13% in 2022 but remained above the levels seen in 2021 and 2019. This indicates that the company's ability to generate profit from shareholders' equity decreased slightly in 2023.
Comparing the latest ROE figure to that of 2020, there has been an overall positive trend in the company's ROE performance, signaling an improvement in the return generated on the equity invested by shareholders over the past four years.
While the 2023 ROE is lower than the peak seen in 2022, it is still within a reasonable range for the industry. Investors and stakeholders may want to monitor future ROE figures to assess if the company can sustain or improve its profitability levels relative to shareholders' equity in the coming years.
Peer comparison
Dec 31, 2023