Gibraltar Industries Inc (ROCK)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 137,340 | 110,533 | 82,406 | 75,629 | 64,566 |
| Total stockholders’ equity | US$ in thousands | 1,048,030 | 914,998 | 822,099 | 825,258 | 743,805 |
| ROE | 13.10% | 12.08% | 10.02% | 9.16% | 8.68% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $137,340K ÷ $1,048,030K
= 13.10%
Gibraltar Industries Inc has shown a consistent improvement in its return on equity (ROE) over the past five years. Starting at 8.68% on December 31, 2020, the ROE increased to 13.10% by December 31, 2024. This upward trend indicates that the company has been effectively utilizing its equity to generate profits for its shareholders.
The steady growth in ROE signifies that Gibraltar Industries Inc has been efficiently managing its assets and equity capital to drive higher returns. The increase from 8.68% to 13.10% over the five-year period reflects the company's ability to enhance profitability and create additional value for investors.
With a double-digit ROE of 12.08% as of December 31, 2023, and further improvement to 13.10% by the end of 2024, Gibraltar Industries Inc appears to be on a positive trajectory in terms of leveraging shareholder equity for sustainable growth and profitability. Investors may view the rising ROE as a positive indicator of the company's financial health and management's ability to generate returns on investment.
Peer comparison
Dec 31, 2024