ePlus inc (PLUS)
Return on equity (ROE)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 107,978 | 115,776 | 119,356 | 105,600 | 74,397 |
| Total stockholders’ equity | US$ in thousands | 977,623 | 901,779 | 782,265 | 660,738 | 562,410 |
| ROE | 11.04% | 12.84% | 15.26% | 15.98% | 13.23% |
March 31, 2025 calculation
ROE = Net income ÷ Total stockholders’ equity
= $107,978K ÷ $977,623K
= 11.04%
Based on the data provided, ePlus inc's return on equity (ROE) has shown some fluctuations over the past five years.
- As of March 31, 2021, the ROE was 13.23%, indicating that for every dollar of shareholders' equity, the company generated a return of 13.23%.
- By March 31, 2022, the ROE increased to 15.98%, suggesting an improvement in the company's ability to efficiently utilize shareholder funds to generate profits.
- However, by March 31, 2023, the ROE slightly decreased to 15.26%, indicating a slight dip in the company's profitability relative to the previous year.
- The trend continued as the ROE further dropped to 12.84% by March 31, 2024, signaling a decrease in the company's ability to generate profits from shareholders' equity.
- As of March 31, 2025, the ROE decreased to 11.04%, showing a further decline in the company's profitability relative to the previous year.
Overall, ePlus inc's ROE has displayed some variability over the years, with fluctuations suggesting changes in the company's profitability and efficiency in generating returns for its shareholders.
Peer comparison
Mar 31, 2025