Sensata Technologies Holding NV (ST)

Return on equity (ROE)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	-3,909	310,685	363,580	164,286	282,714
Total stockholders’ equity	US$ in thousands	2,996,280	3,110,810	3,094,730	2,705,490	2,573,760
ROE		-0.13%	9.99%	11.75%	6.07%	10.98%

December 31, 2023 calculation

ROE = Net income ÷ Total stockholders’ equity
= $-3,909K ÷ $2,996,280K
= -0.13%

Sensata Technologies Holding Plc's return on equity (ROE) has exhibited fluctuations over the past five years. The ROE was at its lowest in 2023, recording a negative rate of -0.13%, indicating that the company generated a net loss relative to shareholders' equity. This was a significant decline from the previous year's ROE of 9.99%.

In 2022, the ROE improved to 9.99%, demonstrating that the company was able to generate a profit in relation to shareholders' equity. The highest ROE in the past five years was in 2021 at 11.75%, indicating a better ability to generate profits from shareholders' investments.

In 2020, the ROE was 6.07%, showing a slight decrease from the prior year. In 2019, there was a ROE of 10.98%, signifying higher profitability compared to the subsequent years.

Overall, Sensata Technologies Holding Plc's ROE has been somewhat volatile, with a mix of positive and negative trends. It is essential for investors and analysts to further investigate the company's financial performance and operating activities to understand the factors driving these fluctuations in ROE.