Plexus Corp (PLXS)

Return on equity (ROE)

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Net income	US$ in thousands	111,815	139,094	138,243	138,912	117,479
Total stockholders’ equity	US$ in thousands	1,324,820	1,214,380	1,095,730	1,028,230	977,480
ROE		8.44%	11.45%	12.62%	13.51%	12.02%

September 30, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $111,815K ÷ $1,324,820K
= 8.44%

Plexus Corp's return on equity (ROE) has exhibited a declining trend over the past five years, ranging from 8.44% in September 2024 to 12.02% in September 2020. A decreasing ROE may indicate that the company is becoming less efficient in generating profits from its shareholders' equity. It suggests that Plexus Corp is utilizing a lesser portion of its equity to generate profits over time. Further analysis would be required to understand the specific factors contributing to the declining trend in ROE and to evaluate the company's overall financial performance and efficiency.