Rogers Corporation (ROG)
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 | 26,100 | 49,806 | 58,141 | 67,941 | 56,636 | 100,738 | 96,541 | 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 |
Total stockholders’ equity | US$ in thousands | 1,251,600 | 1,300,700 | 1,260,800 | 1,259,800 | 1,259,000 | 1,210,610 | 1,205,620 | 1,178,260 | 1,172,470 | 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 |
ROE | 2.09% | 3.83% | 4.61% | 5.39% | 4.50% | 8.32% | 8.01% | 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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $26,100K ÷ $1,251,600K
= 2.09%
ROE, or return on equity, is a financial ratio that measures a company's profitability by evaluating how efficiently it generates profits from its shareholders' equity. Looking at the data provided for Rogers Corporation's ROE from March 31, 2020, to December 31, 2024, we can observe fluctuations in the company's performance.
Rogers Corporation's ROE experienced significant variations over the period analyzed. The ROE started at a relatively low level of 3.43% in March 2020, indicating subdued profitability in generating returns for shareholders. However, by the end of the year, in December 2020, the ROE increased to 4.90%, reflecting an improvement in profitability.
The trend continued in the following quarters, with ROE reaching its peak of 9.95% in December 2022. This substantial increase in ROE suggests that Rogers Corporation was efficiently utilizing its equity to generate profits during that period.
Subsequently, the ROE started to decline, dropping to 2.09% by December 2024. This decrease in ROE indicates a potential decrease in profitability and efficiency in utilizing shareholders' equity to generate returns.
Overall, the analysis of Rogers Corporation's ROE indicates fluctuations in profitability and efficiency over the period, with periods of improvement followed by declines. It is essential for investors and stakeholders to monitor ROE closely as it provides insights into the company's ability to generate profits from shareholders' investments.
Peer comparison
Dec 31, 2024