Repligen Corporation (RGEN)

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	-29,108	-20,727	-1,901	14,842	41,577	115,794	138,027	167,824	185,959	166,340	159,433	145,805	128,291	118,879	99,933	79,561	59,926	43,832	30,939	23,173
Total stockholders’ equity	US$ in thousands	2,016,690	2,016,690	1,986,360	1,970,600	1,971,200	464,337	446,165	426,101	397,272	1,835,110	1,805,360	1,766,400	1,750,070	1,715,260	131,452	95,219	65,769	1,124,870	1,100,030	1,069,760
ROE		-1.44%	-1.03%	-0.10%	0.75%	2.11%	24.94%	30.94%	39.39%	46.81%	9.06%	8.83%	8.25%	7.33%	6.93%	76.02%	83.56%	91.12%	3.90%	2.81%	2.17%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-29,108K ÷ $2,016,690K
= -1.44%

Repligen Corporation's return on equity (ROE) has shown significant fluctuations over the observed periods. The ROE started at a low of 2.17% as of March 31, 2020, and gradually increased to a peak of 91.12% by December 31, 2020. This sharp increase indicates a period of strong profitability relative to shareholders' equity.

However, the ROE showed considerable volatility in the following quarters, dropping to 7.33% by December 31, 2021, before gradually climbing again to 46.81% by December 31, 2022. This fluctuation suggests that the company may have experienced varying levels of profitability and efficiency in managing shareholder investments during these periods.

Subsequently, the ROE experienced a notable decline, reaching its lowest point of -1.44% by December 31, 2024. Negative ROE indicates that the company's net income was insufficient to cover shareholder equity, which may raise concerns about the company's financial performance and ability to generate returns for its shareholders.

Overall, the trend in Repligen Corporation's ROE demonstrates both periods of strong profitability and challenges in generating returns relative to shareholder equity. Investors and stakeholders may need to carefully monitor the company's financial performance and operational efficiency to assess its long-term sustainability and value creation.