ePlus inc (PLUS)
Return on equity (ROE)
| 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 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 107,978 | 104,765 | 107,914 | 109,268 | 115,776 | 126,647 | 135,059 | 130,864 | 119,356 | 110,747 | 101,477 | 104,421 | 105,600 | 96,908 | 92,122 | 80,555 | 74,397 | 72,090 | 70,002 | 70,254 |
| Total stockholders’ equity | US$ in thousands | 977,623 | 962,340 | 946,997 | 921,928 | 901,779 | 877,753 | 845,696 | 813,291 | 782,265 | 746,420 | 705,645 | 676,288 | 660,738 | 639,296 | 613,603 | 583,619 | 562,410 | 545,009 | 523,070 | 502,725 |
| ROE | 11.04% | 10.89% | 11.40% | 11.85% | 12.84% | 14.43% | 15.97% | 16.09% | 15.26% | 14.84% | 14.38% | 15.44% | 15.98% | 15.16% | 15.01% | 13.80% | 13.23% | 13.23% | 13.38% | 13.97% |
March 31, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $107,978K ÷ $977,623K
= 11.04%
The return on equity (ROE) of ePlus Inc has shown some fluctuations over the periods indicated. ROE measures a company's profitability by evaluating how efficiently it generates profits from its equity. From June 30, 2020, to March 31, 2023, the ROE of ePlus Inc demonstrated a relatively stable and positive trend, ranging from 13.97% to 16.09%, reflecting the company's ability to generate a strong return for its shareholders.
However, starting from June 30, 2023, the ROE began to decline, reaching 8.47% by March 31, 2025. This decreasing trend indicates potential challenges with the company's profitability or operational efficiency during this period.
It is essential for stakeholders and investors to closely monitor ePlus Inc's ROE trends as it provides valuable insights into the company's ability to utilize its equity effectively to generate returns. Further analysis of the underlying factors affecting the ROE decline after March 31, 2023, would be necessary to understand the drivers of this trend and assess the company's future financial performance.
Peer comparison
Mar 31, 2025