Owens & Minor Inc (OMI)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -362,686 | -41,301 | 22,389 | 221,589 | 88,074 |
| Total stockholders’ equity | US$ in thousands | 565,226 | 924,166 | 945,604 | 938,501 | 712,054 |
| ROE | -64.17% | -4.47% | 2.37% | 23.61% | 12.37% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $-362,686K ÷ $565,226K
= -64.17%
Owens & Minor Inc's return on equity (ROE) experienced significant fluctuations over the years, as indicated by the data provided.
- As of December 31, 2020, the ROE stood at 12.37%, reflecting a decent profitability level relative to the equity invested in the company.
- By December 31, 2021, the ROE had notably improved to 23.61%, indicating a substantial increase in profitability and efficiency in generating returns for shareholders.
- However, by December 31, 2022, the ROE dropped sharply to 2.37%, signaling a decline in the company's ability to generate profits from shareholder equity.
- The trend worsened by December 31, 2023, with a negative ROE of -4.47%, suggesting that the company was operating at a loss relative to the equity invested.
- The most recent data point, as of December 31, 2024, showed a significantly negative ROE of -64.17%, indicating a substantial decrease in profitability and potentially alarming financial performance.
Overall, the ROE trend for Owens & Minor Inc reveals a mix of positive and negative financial performance outcomes, highlighting volatility and potential challenges in maintaining consistent profitability and shareholder returns. It is crucial for the company to address the underlying factors driving these fluctuations to enhance long-term financial sustainability and investor confidence.
Peer comparison
Dec 31, 2024