ePlus inc (PLUS)
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 | 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 | 69,082 |
| Total stockholders’ equity | US$ in thousands | 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 | 486,145 |
| ROE | 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% | 14.21% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $104,765K ÷ $962,340K
= 10.89%
ePlus inc's Return on Equity (ROE) shows the company's efficiency in generating profits from shareholders' equity. From March 31, 2020, to June 30, 2024, ePlus inc's ROE fluctuated within a range of 10.89% to 16.09%.
The ROE peaked at 16.09% on June 30, 2023, indicating that ePlus inc was particularly adept at utilizing shareholders' equity to generate profits during that period. This high ROE suggests efficient management of assets and effective cost control.
However, the ROE experienced a decline in the following periods, dropping to 10.89% by December 31, 2024. This decreasing trend may raise concerns about the company's ability to maintain or improve profitability levels relative to shareholders' investments.
It is essential for ePlus inc to analyze the factors contributing to the variations in ROE to implement strategies that can sustain or enhance profitability levels and ultimately create value for its shareholders.
Peer comparison
Dec 31, 2024