Revvity Inc. (RVTY)
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 | Jul 5, 2020 | Apr 5, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 270,385 | 254,303 | 169,433 | 149,632 | 693,094 | 742,189 | 818,039 | 961,692 | 569,179 | 631,705 | 674,096 | 740,814 | 943,157 | 1,133,334 | 1,182,295 | 1,073,527 | 727,887 | 412,027 | 293,886 | 225,811 |
Total stockholders’ equity | US$ in thousands | 7,666,870 | 7,921,700 | 7,870,310 | 7,846,500 | 7,872,740 | 7,694,280 | 7,869,960 | 8,033,810 | 7,382,880 | 7,065,200 | 7,167,160 | 7,186,340 | 7,141,240 | 6,958,580 | 4,239,810 | 4,002,300 | 3,735,490 | 3,231,680 | 2,967,460 | 2,759,750 |
ROE | 3.53% | 3.21% | 2.15% | 1.91% | 8.80% | 9.65% | 10.39% | 11.97% | 7.71% | 8.94% | 9.41% | 10.31% | 13.21% | 16.29% | 27.89% | 26.82% | 19.49% | 12.75% | 9.90% | 8.18% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $270,385K ÷ $7,666,870K
= 3.53%
Revity Inc.'s return on equity (ROE) has displayed fluctuations over the past few years. The ROE stood at 8.18% as of April 5, 2020, gradually increasing to 27.89% by June 30, 2021. This sharp increase indicates improved efficiency in generating profits relative to shareholders' equity.
However, starting from September 30, 2021, the ROE started to decline, dropping to 8.94% by the end of September 2022 and further decreasing to 1.91% by March 31, 2024. This downward trend suggests potential issues with profitability and utilization of equity.
As of December 31, 2024, the ROE slightly recovered to 3.53%, yet it remains significantly lower than the peak levels seen in the mid-2021 period. Revity Inc. may need to focus on strategies to enhance profitability and efficiency in utilizing equity to improve its ROE in the future.
Peer comparison
Dec 31, 2024