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.