Somnigroup International Inc. (SGI)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 384,300 | 368,100 | 455,700 | 624,500 | 348,800 |
| Total stockholders’ equity | US$ in thousands | 559,000 | 323,400 | -22,100 | 285,800 | 503,600 |
| ROE | 68.75% | 113.82% | — | 218.51% | 69.26% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $384,300K ÷ $559,000K
= 68.75%
Somnigroup International Inc.'s return on equity (ROE) has showcased significant fluctuations over the past years. The ROE stood at 69.26% on December 31, 2020, reflecting a healthy profitability relative to shareholders' equity. Subsequently, on December 31, 2021, the ROE surged to a substantial 218.51%, indicating a remarkable increase in profitability, likely driven by improved operational efficiency or higher leverage.
However, the data for December 31, 2022 is not available (denoted by the — symbol), thus preventing a comprehensive analysis for that specific year. Moving forward, on December 31, 2023, the ROE remained strong at 113.82%, indicating the company's ability to generate favorable returns for its shareholders. Finally, on December 31, 2024, the ROE decreased to 68.75%, but still remained at a respectable level.
Overall, the trend in ROE for Somnigroup International Inc. demonstrates a mix of high-performance years, potential unknown factors affecting 2022, and some fluctuations. Further analysis would be beneficial to understand the underlying reasons for these variations and to evaluate the company's overall financial performance and shareholder value creation.
Peer comparison
Dec 31, 2024