Regal Beloit Corporation (RRX)
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 | 196,200 | 210,900 | -1,300 | -31,700 | -57,000 | -11,400 | 247,900 | 357,800 | 488,900 | 382,600 | 332,300 | 269,900 | 209,900 | 265,100 | 260,600 | 209,100 | 189,300 | 175,600 | 160,300 | 198,800 |
| Total stockholders’ equity | US$ in thousands | 6,259,800 | 6,473,100 | 6,355,900 | 6,254,500 | 6,344,300 | 6,169,200 | 6,410,300 | 6,420,600 | 6,388,200 | 6,139,900 | 6,276,700 | 6,383,700 | 6,311,900 | 2,694,800 | 2,665,000 | 2,584,100 | 2,544,400 | 2,421,900 | 2,319,100 | 2,270,600 |
| ROE | 3.13% | 3.26% | -0.02% | -0.51% | -0.90% | -0.18% | 3.87% | 5.57% | 7.65% | 6.23% | 5.29% | 4.23% | 3.33% | 9.84% | 9.78% | 8.09% | 7.44% | 7.25% | 6.91% | 8.76% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $196,200K ÷ $6,259,800K
= 3.13%
Regal Beloit Corporation's return on equity (ROE) has exhibited fluctuations over the past several quarters. The ROE started at 8.76% in March 2020 and experienced a downward trend, reaching a low of -0.90% by December 2023. During this period, the company's ROE remained mostly positive but dipped into negative territory in the later quarters.
The company's ROE recovered slightly in the following quarters, with a turnaround to positive figures. By December 2024, the ROE improved to 3.13%, marking a positive trend in the last few quarters. It is essential for stakeholders to monitor the ROE closely to assess the company's profitability and efficiency in generating returns for shareholders.
Analyzing the factors contributing to the fluctuations in ROE, such as changes in profit margins, asset turnover, and leverage ratios, can provide valuable insights into Regal Beloit Corporation's financial performance and help in making informed investment decisions.
Peer comparison
Dec 31, 2024