PTC Inc (PTC)
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 | 376,333 | 295,413 | 287,833 | 236,892 | 245,540 | 306,774 | 315,852 | 342,027 | 313,081 | 499,187 | 479,914 | 499,497 | 476,923 | 237,386 | 220,861 | 118,755 | 130,695 | 87,115 | 37,679 | -12,990 |
Total stockholders’ equity | US$ in thousands | 3,214,400 | 3,014,680 | 2,943,130 | 2,806,650 | 2,677,290 | 2,598,660 | 2,518,530 | 2,400,550 | 2,296,030 | 2,157,170 | 2,083,980 | 1,953,810 | 2,038,470 | 1,724,960 | 1,650,530 | 1,494,930 | 1,438,250 | 1,327,570 | 1,274,080 | 1,247,820 |
ROE | 11.71% | 9.80% | 9.78% | 8.44% | 9.17% | 11.81% | 12.54% | 14.25% | 13.64% | 23.14% | 23.03% | 25.57% | 23.40% | 13.76% | 13.38% | 7.94% | 9.09% | 6.56% | 2.96% | -1.04% |
September 30, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $376,333K ÷ $3,214,400K
= 11.71%
Over the past few quarters, PTC Inc's return on equity (ROE) has shown some fluctuations. The ROE for the most recent quarter, ending September 30, 2024, was 11.71%, which indicates that for every dollar of shareholders' equity invested in the company, PTC Inc generated a profit of 11.71 cents.
Compared to the previous quarter, there was a slight improvement in ROE from 9.80% to 11.71%. However, looking further back, there has been some variability in ROE figures. For instance, ROE was highest at 25.57% in the first quarter of 2022 and lowest at -1.04% in the fourth quarter of 2019.
Overall, PTC Inc's ROE has demonstrated a mix of performance over the quarters. Investors and analysts may want to further investigate the factors influencing these fluctuations to assess the company's profitability and efficiency in generating returns for its shareholders.
Peer comparison
Sep 30, 2024