Insperity Inc (NSP)

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	171,382	190,019	183,356	204,061	179,350	150,860	140,487	132,042	124,080	118,657	111,370	138,067	138,237	154,347	160,197	136,902	151,099	155,359	165,707	161,711
Total stockholders’ equity	US$ in thousands	93,624	83,119	130,519	133,432	81,275	60,503	35,132	33,961	-1,774	97,006	87,262	73,644	44,132	40,639	44,638	-3,310	4,079	40,988	134,889	119,194
ROE		183.05%	228.61%	140.48%	152.93%	220.67%	249.34%	399.88%	388.80%	—	122.32%	127.63%	187.48%	313.24%	379.80%	358.88%	—	3,704.31%	379.04%	122.85%	135.67%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $171,382K ÷ $93,624K
= 183.05%

Insperity Inc's return on equity (ROE) has been fluctuating over the past eight quarters. In Q4 2023, the ROE stood at 183.05%, showing a decrease from the previous quarter's 228.67%. Despite the decrease, the ROE remains at a relatively high level, indicating a strong profitability relative to shareholders' equity.

Comparing the current ROE to the same quarter in the prior year, there is a noticeable decline from Q4 2022 when the ROE was 220.67%. This suggests a potential slowdown in the company's ability to generate profits from its equity over this one-year period.

It is important to note that high fluctuations in ROE can be indicative of changes in the financial structure or operational efficiency of the company. A deep dive into the company's financial statements and further analysis of its performance metrics would be necessary to understand the drivers behind these fluctuations and assess the sustainability of its profitability levels.