Somnigroup International Inc. (SGI)
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 | 384,300 | 389,500 | 372,800 | 359,100 | 368,100 | 392,700 | 412,100 | 410,300 | 455,700 | 529,800 | 574,500 | 624,700 | 624,500 | 593,400 | 537,400 | 419,600 | 348,800 | 250,300 | 202,200 | 220,800 |
| Total stockholders’ equity | US$ in thousands | 559,000 | 564,500 | 411,800 | 326,600 | 323,400 | 214,100 | 147,500 | 43,600 | -12,300 | -143,300 | -180,900 | -91,300 | 285,800 | 371,000 | 410,100 | 327,200 | 503,600 | 456,200 | 249,700 | 208,400 |
| ROE | 68.75% | 69.00% | 90.53% | 109.95% | 113.82% | 183.42% | 279.39% | 941.06% | — | — | — | — | 218.51% | 159.95% | 131.04% | 128.24% | 69.26% | 54.87% | 80.98% | 105.95% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $384,300K ÷ $559,000K
= 68.75%
Somnigroup International Inc.'s return on equity (ROE) has shown fluctuations over the period, ranging from a high of 941.06% in March 2023 to a low of 54.87% in September 2020. The ROE trend has been overall positive, with significant increases in ROE observed in recent quarters. Notably, the company achieved remarkable ROE figures of 218.51% and 159.95% in December 2021 and September 2021, respectively.
The upward movement in ROE indicates that Somnigroup International Inc. has been effectively utilizing its equity to generate profits for shareholders. However, it is essential to consider the reasons behind the significant fluctuations in ROE, as extremely high ROE figures, such as 941.06% in March 2023, may be driven by atypical factors or adjustments in the company's financial structure.
Continuous monitoring and analysis of the factors affecting ROE are crucial to understand the sustainability and efficiency of Somnigroup International Inc.'s profitability and growth. Additionally, comparing ROE with industry benchmarks and the company's historical performance can provide valuable insights into its financial health and operational effectiveness.
Peer comparison
Dec 31, 2024