Plexus Corp (PLXS)

Return on equity (ROE)

		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	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	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	108,616	144,527	146,227
Total stockholders’ equity	US$ in thousands	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	865,576	860,791	875,444
ROE		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%	12.55%	16.79%	16.70%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $126,119K ÷ $1,266,760K
= 9.96%

The return on equity (ROE) for Plexus Corp has shown fluctuations over the past several quarters, ranging from 9.96% to 16.79%. ROE is a key profitability ratio that measures a company's ability to generate profit from its shareholders' equity.

The trend in Plexus Corp's ROE indicates some variability in the company's profitability and efficiency in utilizing shareholder equity. The ROE has generally been within a range of 10% to 15% over the analyzed periods, with occasional spikes above 15%.

While the ROE has shown some volatility, it is important to note that higher ROE typically indicates better performance in generating returns for shareholders. It is important for investors to further investigate the reasons behind the fluctuations in ROE to gain a deeper understanding of Plexus Corp's financial performance and future prospects.