Pool Corporation (POOL)
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 | 434,325 | 448,462 | 460,604 | 500,415 | 523,229 | 543,654 | 594,847 | 668,200 | 744,711 | 780,458 | 776,087 | 730,179 | 650,624 | 602,188 | 536,621 | 434,481 | 366,738 | 325,589 | 286,016 | 259,851 |
| Total stockholders’ equity | US$ in thousands | 1,273,460 | 1,432,510 | 1,423,670 | 1,345,680 | 1,312,790 | 1,418,230 | 1,458,530 | 1,256,750 | 1,235,190 | 1,190,880 | 1,229,060 | 1,174,280 | 1,071,390 | 985,212 | 874,748 | 657,928 | 639,470 | 589,501 | 486,791 | 348,398 |
| ROE | 34.11% | 31.31% | 32.35% | 37.19% | 39.86% | 38.33% | 40.78% | 53.17% | 60.29% | 65.54% | 63.14% | 62.18% | 60.73% | 61.12% | 61.35% | 66.04% | 57.35% | 55.23% | 58.76% | 74.58% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $434,325K ÷ $1,273,460K
= 34.11%
The return on equity (ROE) of Pool Corporation has shown a generally positive trend over the past few years, starting at a high of 74.58% in March 2020 and fluctuating within a range before decreasing gradually towards the end of the period. The ROE peaked again at 65.54% in September 2022 but subsequently declined to 34.11% by December 2024.
Overall, the fluctuation in ROE indicates variations in the company's profitability and efficiency in generating returns for shareholders' equity. A high ROE suggests that the company is effectively utilizing equity to generate profits, while a declining ROE may indicate challenges in maintaining profitability levels or managing assets efficiently.
It would be important for stakeholders to further investigate the reasons behind the fluctuations in ROE to assess the company's financial performance and sustainability. Additionally, comparing Pool Corporation's ROE to industry benchmarks and historical performance can provide valuable insights into its competitive position and future prospects.