OSI Systems Inc (OSIS)

Return on equity (ROE)

		Jun 30, 2025	Mar 31, 2025	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
Net income (ttm)	US$ in thousands	196,451	188,382	134,477	133,211	128,154	125,856	113,621	93,422	91,778	83,160	104,087	107,530	115,347	107,478	83,516	83,757	74,049	62,120	62,905	63,853
Total stockholders’ equity	US$ in thousands	951,084	879,325	825,830	786,495	863,483	813,413	770,443	724,457	726,165	666,917	647,754	624,653	638,424	618,494	620,148	623,312	639,820	615,893	587,636	557,540
ROE		20.66%	21.42%	16.28%	16.94%	14.84%	15.47%	14.75%	12.90%	12.64%	12.47%	16.07%	17.21%	18.07%	17.38%	13.47%	13.44%	11.57%	10.09%	10.70%	11.45%

June 30, 2025 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $196,451K ÷ $951,084K
= 20.66%

The analysis of OSI Systems Inc.'s return on equity (ROE) over the period from September 2020 to June 2025 reveals observable trends and fluctuations that underscore shifts in the company's profitability relative to shareholders’ equity. Initially, the ROE stood at approximately 11.45% as of September 30, 2020. This figure exhibited a slight decline through the end of 2020, reaching around 10.70% by December 31, 2020, and further decreasing to approximately 10.09% as of March 31, 2021.

Mid-2021 marked a notable turnaround, with the ROE increasing to about 11.57% as of June 30, 2021, and continuing upward to 13.44% by September 30, 2021. The trend remained positive into the end of 2021, with the ROE stabilizing around 13.47% at December 31, 2021, suggesting improved profitability and efficiency in generating returns on equity.

The upward momentum persisted into 2022, with a significant increase to 17.38% by March 31 and reaching 18.07% by June 30, 2022. By September 2022, the ROE slightly declined to 17.21% but remained elevated relative to earlier years. The end of 2022 saw a decrease to 16.07%, continuing the pattern of minor fluctuations.

During 2023, the ROE experienced volatility, dropping to 12.47% at the end of March and marginally increasing to 12.64% by June. The trend slightly picked up again, with the September figure at 12.90%. A significant upward movement was observed toward the end of 2023, with the ROE climbing to 14.75% at December 31, 2023, and further increasing to 15.47% by March 2024. Mid-2024 data points reflect a slight decrease to 14.84% in June, followed by an increase to 16.94% at September 30, 2024, and 16.28% by the end of that year.

The most notable change appears starting in early 2025, where the ROE surged to 21.42% as of March 31, 2025, and remained high at 20.66% on June 30, 2025. This substantial rise indicates a significant improvement in profitability relative to shareholders’ equity, possibly driven by operational enhancements, strategic initiatives, or favorable market conditions.

Overall, OSI Systems Inc.'s ROE exhibits periods of stability with intermittent volatility, characterized by phases of growth and contraction. The recent upward trajectory culminating in a notable peak in early 2025 suggests a period of strong financial performance, reflecting enhanced efficiency in generating returns on shareholders’ equity.