Owens & Minor Inc (OMI)
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 | -362,685 | -48,785 | -42,441 | -38,769 | -41,301 | -117,076 | -98,153 | -41,308 | 22,389 | 122,355 | 153,987 | 191,279 | 221,589 | 230,356 | 232,308 | 110,785 | 29,872 | -59,893 | -104,750 | -59,599 |
| Total stockholders’ equity | US$ in thousands | 565,226 | 874,592 | 860,702 | 894,868 | 924,166 | 886,860 | 896,229 | 924,400 | 945,604 | 966,837 | 958,659 | 947,622 | 938,501 | 887,005 | 848,019 | 786,261 | 712,054 | 451,335 | 395,162 | 416,338 |
| ROE | -64.17% | -5.58% | -4.93% | -4.33% | -4.47% | -13.20% | -10.95% | -4.47% | 2.37% | 12.66% | 16.06% | 20.19% | 23.61% | 25.97% | 27.39% | 14.09% | 4.20% | -13.27% | -26.51% | -14.32% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-362,685K ÷ $565,226K
= -64.17%
Owens & Minor Inc's return on equity (ROE) has experienced significant fluctuations over the analyzed periods. The ROE was predominantly negative in the earlier stages, indicating that the company was generating insufficient profits relative to its shareholders' equity.
However, starting from December 31, 2020, the ROE turned positive and exhibited a rising trend until June 30, 2021, reaching a peak of 27.39%. This indicates that during this period, Owens & Minor Inc was effectively utilizing shareholder funds to generate profits.
Subsequently, from September 30, 2021, to December 31, 2024, the ROE started to decline steadily. By the end of December 31, 2024, the ROE plummeted to -64.17%, indicating that the company's profitability relative to its equity had deteriorated significantly.
Overall, the ROE analysis suggests that Owens & Minor Inc's profitability performance has been volatile, with periods of both strong returns and significant declines. Further investigation into the factors impacting profitability during these periods may be necessary to assess the company's financial health accurately.
Peer comparison
Dec 31, 2024