Simpson Manufacturing Company Inc (SSD)
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 | 322,226 | 321,582 | 332,084 | 341,464 | 353,988 | 356,792 | 341,014 | 327,373 | 333,995 | 346,186 | 331,721 | 310,634 | 266,445 | 226,286 | 219,565 | 200,561 | 187,000 | 185,419 | 162,048 | 148,146 |
| Total stockholders’ equity | US$ in thousands | 1,805,350 | 1,856,970 | 1,764,800 | 1,725,660 | 1,679,750 | 1,669,490 | 1,583,610 | 1,487,410 | 1,413,380 | 1,337,560 | 1,284,640 | 1,231,810 | 1,184,000 | 1,123,000 | 1,086,900 | 1,014,510 | 980,943 | 960,800 | 894,212 | 841,594 |
| ROE | 17.85% | 17.32% | 18.82% | 19.79% | 21.07% | 21.37% | 21.53% | 22.01% | 23.63% | 25.88% | 25.82% | 25.22% | 22.50% | 20.15% | 20.20% | 19.77% | 19.06% | 19.30% | 18.12% | 17.60% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $322,226K ÷ $1,805,350K
= 17.85%
Simpson Manufacturing Company Inc's return on equity (ROE) has shown a steady increase from 17.60% in March 2020 to a peak of 25.88% in September 2022. This upward trend indicates that the company has been efficiently using its shareholders' equity to generate profits. However, there was a slight dip in ROE to 17.85% by December 2024.
Overall, Simpson Manufacturing Company Inc has demonstrated strong performance in terms of ROE over the analyzed period, with consistently high ROE figures. It is essential for the company to closely monitor its ROE to ensure sustained profitability and efficient use of equity going forward.
Peer comparison
Dec 31, 2024