Gibraltar Industries Inc (ROCK)
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 | 137,340 | 110,617 | 115,855 | 114,380 | 110,533 | 94,447 | 89,465 | 88,049 | 82,406 | 88,420 | 81,681 | 78,323 | 75,629 | 57,722 | 63,926 | 65,269 | 64,566 | 87,468 | 78,184 | 70,805 |
Total stockholders’ equity | US$ in thousands | 1,048,030 | 1,003,230 | 975,671 | 940,185 | 914,998 | 889,849 | 850,310 | 835,387 | 822,099 | 843,491 | 817,278 | 838,402 | 825,258 | 814,684 | 787,608 | 758,408 | 743,805 | 746,075 | 709,764 | 677,357 |
ROE | 13.10% | 11.03% | 11.87% | 12.17% | 12.08% | 10.61% | 10.52% | 10.54% | 10.02% | 10.48% | 9.99% | 9.34% | 9.16% | 7.09% | 8.12% | 8.61% | 8.68% | 11.72% | 11.02% | 10.45% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $137,340K ÷ $1,048,030K
= 13.10%
Based on the provided data, Gibraltar Industries Inc's return on equity (ROE) has shown fluctuations over the given periods. The ROE ranged from a low of 7.09% on September 30, 2021, to a high of 13.10% on December 31, 2024.
Overall, the ROE trend indicates some variability, with periods of improvement followed by periods of slight decline. Notably, there was a significant increase in ROE observed from December 31, 2023, to December 31, 2024, where the ROE jumped from 12.08% to 13.10%.
It is important to further investigate the factors contributing to these changes in ROE to assess the company's efficiency in generating profits from shareholders' equity. Monitoring and analyzing ROE trends can provide valuable insights into the company's financial performance and management effectiveness over time.
Peer comparison
Dec 31, 2024