Proto Labs Inc (PRLB)

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 16,593 23,987 24,752 19,829 17,220 -104,835 -108,838 -105,898 -103,462 23,513 24,397 34,755 33,372 31,041 40,903 40,595 50,867 56,474 58,569 62,128
Total stockholders’ equity US$ in thousands 743,512 679,993 685,236 687,310 695,295 684,922 682,685 683,137 697,648 810,846 820,698 832,035 828,493 824,621 831,977 813,431 644,356 625,821 601,249 587,740
ROE 2.23% 3.53% 3.61% 2.89% 2.48% -15.31% -15.94% -15.50% -14.83% 2.90% 2.97% 4.18% 4.03% 3.76% 4.92% 4.99% 7.89% 9.02% 9.74% 10.57%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $16,593K ÷ $743,512K
= 2.23%

Proto Labs Inc's return on equity (ROE) has exhibited a declining trend over the past few years, starting at 10.57% on March 31, 2020, and reaching a low of -15.94% on June 30, 2023, before showing signs of recovery. The ROE improved from negative figures to 3.53% on September 30, 2024, but remained relatively low compared to previous years. This fluctuation in ROE indicates challenges in generating profits relative to shareholder equity, potentially stemming from operational or financial performance issues within the company. Further analysis of Proto Labs Inc's financial statements and operations would be necessary to determine the underlying factors contributing to the fluctuations in their ROE.


Peer comparison

Dec 31, 2024

Company name
Symbol
ROE
Proto Labs Inc
PRLB
2.23%
Arcosa Inc
ACA
3.86%
Valmont Industries Inc
VMI
22.58%