Rogers Corporation (ROG)

Return on equity (ROE)

		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	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	56,600	100,702	96,505	96,524	116,629	72,452	82,743	93,515	108,133	100,207	82,084	67,949	49,990	6,025	22,406	32,179	47,319	100,531	96,878	89,914
Total stockholders’ equity	US$ in thousands	1,259,000	1,210,610	1,205,620	1,178,260	1,172,500	1,089,850	1,106,570	1,117,480	1,118,900	1,099,260	1,076,660	1,040,860	1,020,760	987,024	962,582	937,809	933,900	914,634	897,514	868,322
ROE		4.50%	8.32%	8.00%	8.19%	9.95%	6.65%	7.48%	8.37%	9.66%	9.12%	7.62%	6.53%	4.90%	0.61%	2.33%	3.43%	5.07%	10.99%	10.79%	10.35%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $56,600K ÷ $1,259,000K
= 4.50%

To analyze Rogers Corp.'s return on equity (ROE), we observe fluctuations in the ROE over the past eight quarters. The ROE has shown a decreasing trend, starting at 9.95% in Q4 2022 and declining to 4.50% in Q4 2023. This downward trend indicates a diminishing ability of the company to generate profits from shareholders' equity.

The average ROE over these quarters is approximately 7.67%, suggesting that, on average, the company is generating a return of 7.67% on shareholder's equity. This average ROE can be considered moderate but indicates a need for improvement.

Analyzing the ROE alongside other financial metrics and industry benchmarks would provide a more comprehensive understanding of Rogers Corp.'s financial performance and its efficiency in utilizing shareholders' equity to generate profits.