Plexus Corp (PLXS)

Return on equity (ROE)

		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	Dec 31, 2019
Net income (ttm)	US$ in thousands	111,815	110,855	101,514	126,119	139,094	149,290	170,985	157,010	138,243	121,127	111,242	126,136	138,912	143,276	151,509	122,672	117,479	116,605	105,564	117,396
Total stockholders’ equity	US$ in thousands	1,324,820	1,266,360	1,259,760	1,266,760	1,214,380	1,184,360	1,182,380	1,150,260	1,095,730	1,058,190	1,040,590	1,044,100	1,028,230	1,020,450	1,013,950	1,006,960	977,480	944,821	892,558	908,372
ROE		8.44%	8.75%	8.06%	9.96%	11.45%	12.61%	14.46%	13.65%	12.62%	11.45%	10.69%	12.08%	13.51%	14.04%	14.94%	12.18%	12.02%	12.34%	11.83%	12.92%

September 30, 2024 calculation

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

The return on equity (ROE) for Plexus Corp has exhibited fluctuations over the past few years. The ROE has generally been in the range of 8% to 15%, indicating varying levels of profitability generated from shareholders' equity.

In recent quarters, ROE has shown a decreasing trend, starting at 14.94% in March 2021 and gradually declining to 8.44% in September 2024. This downward trend suggests a potential decrease in the company's ability to generate profits from shareholders' investments.

The highest ROE of 14.94% was recorded in March 2021, indicating a period of strong profitability relative to shareholder equity. However, this level has not been sustained, and ROE has since decreased. The lowest ROE of 8.06% was observed in March 2024, reflecting a potential decline in profitability efficiency.

Overall, Plexus Corp's ROE performance suggests fluctuations in the company's ability to generate returns on the shareholders' investments. It would be important for stakeholders to assess the underlying factors contributing to these fluctuations to determine the sustainability of the company's profitability in the future.