ScanSource Inc (SCSC)
Return on equity (ROE)
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 71,548 | 67,554 | 62,929 | 78,602 | 77,060 | 79,776 | 88,191 | 81,199 | 89,809 | 90,944 | 93,249 | 90,767 | 88,798 | 92,561 | 82,133 | 44,687 | 10,795 | -230,177 | -241,562 | -216,002 |
| Total stockholders’ equity | US$ in thousands | 906,409 | 901,746 | 900,662 | 920,893 | 924,255 | 944,051 | 953,601 | 915,253 | 905,298 | 878,895 | 862,386 | 827,004 | 806,528 | 806,654 | 768,525 | 746,094 | 731,191 | 690,575 | 682,139 | 671,227 |
| ROE | 7.89% | 7.49% | 6.99% | 8.54% | 8.34% | 8.45% | 9.25% | 8.87% | 9.92% | 10.35% | 10.81% | 10.98% | 11.01% | 11.47% | 10.69% | 5.99% | 1.48% | -33.33% | -35.41% | -32.18% |
June 30, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $71,548K ÷ $906,409K
= 7.89%
The analyzed timeframe of ScanSource Inc's Return on Equity (ROE) indicates significant fluctuations over the period. During the fiscal year ending September 30, 2020, the ROE was notably negative at -32.18%, suggesting the company was experiencing substantial challenges in generating profits relative to shareholders’ equity during this period. The consecutive quarters reflected an ongoing decline, reaching a low of -35.41% at the end of December 2020, reinforcing the negative profitability trend.
In early 2021, the company’s ROE remained negative but showed signs of marginal improvement, with a slight reduction to -33.33% as of March 31, 2021. However, a turning point was observed in the quarter ending June 30, 2021, when ROE transitioned into positive territory with a value of 1.48%. This positive shift continued through subsequent quarters, with ROE advancing to 5.99% as of September 30, 2021, and further climbing to 10.69% at year-end December 31, 2021.
Throughout 2022, the ROE remained strong and relatively stable, consistently hovering around 11%, with values of 11.47% in March, 11.01% in June, and approximately 10.98% in September, and 10.81% at the end of December. The first quarter of 2023 saw a slight decline to 10.35%, which persisted into the second quarter with a marginal decrease to 9.92%. The third quarter of 2023 experienced a further decline to 8.87%, followed by a minor uptick to 9.25% at the end of December 2023.
In the subsequent quarters spanning into 2024 and 2025, the ROE generally declined, reaching 8.45% by March 31, 2024, and 8.34% in June 2024. It then showed a slight recovery in the third quarter of 2024 to 8.54%. During the first half of 2025, the ROE continued to fluctuate, recorded at 6.99% in December 2024, and increasing to 7.49% and 7.89% in March and June 2025, respectively.
Overall, the ROE trend for ScanSource Inc transitioned from a period of distress with negative returns to a phase of sustained positive profitability during 2021 and 2022. Thereafter, it exhibited moderate declines and fluctuations, reflecting a period of relative stability with some downward pressure, and a slight recovery in the most recent quarters. This pattern suggests that while the company successfully recovered from a significant downturn, recent performance indicates a potential easing in profitability margins.
Peer comparison
Jun 30, 2025