Stanley Black & Decker Inc (SWK)
Return on equity (ROE)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -310,500 | -51,100 | 788,800 | 699,400 | 1,062,500 | 1,435,600 | 1,005,200 | 1,377,100 | 1,689,200 | 1,828,400 | 1,809,100 | 1,588,000 | 1,233,800 | 965,600 | 801,200 | 919,100 | 955,800 | 649,900 | 649,900 | 649,900 |
| Total stockholders’ equity | US$ in thousands | 9,056,100 | 9,327,300 | 9,533,800 | 9,490,300 | 9,712,100 | 9,546,600 | 9,079,800 | 9,352,800 | 11,590,500 | 11,316,300 | 11,084,000 | 11,401,800 | 11,059,600 | 10,372,900 | 9,959,500 | 8,953,400 | 9,136,300 | 8,262,300 | 8,228,000 | 7,932,500 |
| ROE | -3.43% | -0.55% | 8.27% | 7.37% | 10.94% | 15.04% | 11.07% | 14.72% | 14.57% | 16.16% | 16.32% | 13.93% | 11.16% | 9.31% | 8.04% | 10.27% | 10.46% | 7.87% | 7.90% | 8.19% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-310,500K ÷ $9,056,100K
= -3.43%
The return on equity (ROE) for Stanley Black & Decker Inc has shown some fluctuations over the past several quarters. ROE is a measure of a company's profitability that indicates how well it is utilizing its shareholders' equity to generate earnings.
Looking at the data, we can observe that the ROE has ranged from negative figures to double-digit positive percentages. In the most recent quarter, the ROE was -3.43%, indicating a decline in profitability and efficiency in generating returns for shareholders compared to the previous quarters.
Throughout the quarters, the ROE has shown some volatility, with peaks reaching as high as 16.32% and lows dipping below 0%. Overall, the company has demonstrated the ability to generate returns for shareholders, although there have been periods of lower profitability.
It is important to further investigate the factors influencing these fluctuations in ROE, such as changes in net income, the level of shareholder equity, and operational efficiency. Additionally, conducting a comparative analysis with industry peers can provide further insights into the company's performance and competitiveness in the market.
Peer comparison
Dec 31, 2023