Rockwell Automation Inc (ROK)
Return on equity (ROE)
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 952,500 | 1,387,400 | 932,200 | 1,358,100 | 1,023,400 |
| Total stockholders’ equity | US$ in thousands | 3,498,300 | 3,561,600 | 2,725,600 | 2,389,600 | 1,027,800 |
| ROE | 27.23% | 38.95% | 34.20% | 56.83% | 99.57% |
September 30, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $952,500K ÷ $3,498,300K
= 27.23%
Rockwell Automation Inc's return on equity (ROE) has exhibited variability over the past five years, ranging from 27.23% in 2024 to a high of 99.57% in 2020. The declining trend in ROE from 2020 to 2024 may indicate changes in the company's profitability and efficiency in generating profits from shareholders' equity. The significant decrease in ROE from 2020 to 2021 suggests a substantial drop in profitability or an increase in shareholder equity. However, the ROE levels remained above 30% in the subsequent years, indicating that the company continued to generate healthy returns relative to its equity base during the period under review. Further analysis of the company's financial performance and operating efficiency could provide insights into the factors influencing these fluctuations in ROE.
Peer comparison
Sep 30, 2024