Resideo Technologies Inc (REZI)
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 | 116,000 | 175,000 | 176,000 | 196,000 | 210,000 | 167,000 | 209,000 | 253,000 | 283,000 | 311,000 | 316,000 | 280,000 | 242,000 | 234,000 | 241,000 | 107,000 | 37,000 | -31,000 | -98,000 | -33,000 |
| Total stockholders’ equity | US$ in thousands | 3,309,000 | 3,354,000 | 3,294,000 | 2,769,000 | 2,749,000 | 2,645,000 | 2,677,000 | 2,604,000 | 2,529,000 | 2,400,000 | 2,394,000 | 2,361,000 | 2,252,000 | 2,158,000 | 2,103,000 | 2,032,000 | 1,993,000 | 1,605,000 | 1,495,000 | 1,521,000 |
| ROE | 3.51% | 5.22% | 5.34% | 7.08% | 7.64% | 6.31% | 7.81% | 9.72% | 11.19% | 12.96% | 13.20% | 11.86% | 10.75% | 10.84% | 11.46% | 5.27% | 1.86% | -1.93% | -6.56% | -2.17% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $116,000K ÷ $3,309,000K
= 3.51%
Resideo Technologies Inc has shown fluctuations in its return on equity (ROE) over the given period. The ROE was negative in the earlier quarters of 2020 but gradually improved, turning positive by the end of the year. Subsequently, ROE saw a significant increase in the following quarters of 2021 and 2022, reaching double digits. However, from March 2023 onwards, there was a decreasing trend in ROE, indicating a potential decline in the company's profitability relative to its shareholder equity. By December 2024, the ROE had decreased to 3.51%, which suggests a lower return for shareholders compared to the previous periods. Overall, the trend in ROE for Resideo Technologies Inc reflects both positive and negative fluctuations, highlighting the changing profitability and efficiency of the company in generating returns for its equity holders.