Rockwell Automation Inc (ROK)
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 | 1,218,600 | 1,387,400 | 1,423,400 | 1,321,100 | 1,074,700 | 932,200 | 671,800 | 645,200 | 1,006,300 | 1,358,100 | 1,542,300 | 1,588,800 | 1,306,000 | 1,023,400 | 768,800 | 712,400 | 926,200 | 695,800 | 1,033,600 | 970,800 |
| Total stockholders’ equity | US$ in thousands | 3,607,700 | 3,561,600 | 3,343,200 | 3,155,500 | 2,914,800 | 2,725,600 | 2,391,200 | 2,632,200 | 2,504,900 | 2,389,600 | 2,269,600 | 1,817,200 | 1,557,600 | 1,027,800 | 770,500 | 620,800 | 717,000 | 404,200 | 1,156,500 | 1,336,300 |
| ROE | 33.78% | 38.95% | 42.58% | 41.87% | 36.87% | 34.20% | 28.09% | 24.51% | 40.17% | 56.83% | 67.95% | 87.43% | 83.85% | 99.57% | 99.78% | 114.76% | 129.18% | 172.14% | 89.37% | 72.65% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,218,600K ÷ $3,607,700K
= 33.78%
The return on equity (ROE) for Rockwell Automation Inc has shown a generally positive trend over the past eight quarters. The ROE increased from 24.46% in March 2022 to 33.63% in December 2023. This indicates that the company has been effectively utilizing its shareholders' equity to generate profits.
The ROE peaked at 42.41% in June 2023, reflecting the company's ability to generate strong returns for its shareholders during that period. However, it's worth noting that the ROE experienced a slight dip in the following quarter, dropping to 41.71% in March 2023.
Overall, the company's ROE has consistently remained above 24% over the past eight quarters, which is a positive indicator of its financial performance and ability to generate profits from the shareholders' equity invested in the business. This shows that Rockwell Automation Inc has been effectively managing its resources to create value for its shareholders.
Peer comparison
Dec 31, 2023