OSI Systems Inc (OSIS)

Return on equity (ROE)

		Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Net income	US$ in thousands	128,154	91,778	115,347	74,049	75,252
Total stockholders’ equity	US$ in thousands	863,483	726,165	638,424	639,820	572,152
ROE		14.84%	12.64%	18.07%	11.57%	13.15%

June 30, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $128,154K ÷ $863,483K
= 14.84%

OSI Systems Inc's return on equity (ROE) has displayed fluctuations over the past five years. In Jun 30, 2024, the ROE stood at 14.84%, showing an improvement compared to the previous year. The company's ROE was 12.64% in Jun 30, 2023, indicating a slight decrease from the prior year. However, in Jun 30, 2022, OSI Systems Inc achieved an ROE of 18.07%, indicating a significant improvement from the year before. The ROE was 11.57% in Jun 30, 2021, showing a decrease compared to the prior year. Lastly, in Jun 30, 2020, the ROE was 13.15%, showing a slight decrease compared to the previous year. Overall, OSI Systems Inc's ROE has shown variability over the years, with the company experiencing both improvements and downturns in its return on equity performance.