Standex International Corporation (SXI)
Return on equity (ROE)
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 55,760 | 60,525 | 54,443 | 72,457 | 73,074 | 73,652 | 138,364 | 139,536 | 138,992 | 132,092 | 68,904 | 63,845 | 61,393 | 62,073 | 46,178 | 42,571 | 36,473 | 24,359 | 16,609 | 17,470 |
| Total stockholders’ equity | US$ in thousands | 711,677 | 686,928 | 656,034 | 658,021 | 621,503 | 618,982 | 620,571 | 594,639 | 607,449 | 605,550 | 529,417 | 491,690 | 499,343 | 527,620 | 523,450 | 512,730 | 506,425 | 482,653 | 498,190 | 476,568 |
| ROE | 7.84% | 8.81% | 8.30% | 11.01% | 11.76% | 11.90% | 22.30% | 23.47% | 22.88% | 21.81% | 13.02% | 12.98% | 12.29% | 11.76% | 8.82% | 8.30% | 7.20% | 5.05% | 3.33% | 3.67% |
June 30, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $55,760K ÷ $711,677K
= 7.84%
The analysis of Standex International Corporation's return on equity (ROE) over the period from September 2020 through June 2025 reveals notable fluctuations and overall trends in profitability efficiency relative to shareholders' equity.
Initially, the ROE experienced a relatively low level of 3.67% as of September 30, 2020, which subsequently declined to 3.33% by December 31, 2020. Following this period, a gradual upward trajectory is observed, with ROE reaching approximately 8.30% by September 30, 2021, and further increasing to 8.82% at the end of 2021.
In 2022, the ROE continued its ascent, surpassing double digits in March at 11.76%, followed by incremental increases through June and September, culminating at 12.98% and then stabilizing around 13.02% by year-end. The most prominent growth phase appears to have occurred during the first quarter of 2023, when the ROE significantly jumped to 21.81%. This rapid increase indicates a period of improved profitability or operational efficiency, possibly driven by enhanced revenue, cost management, or strategic initiatives.
Throughout the subsequent quarters in 2023, the ROE remained elevated, registering at 22.88% in June and reaching a peak of 23.47% in September. However, a decline is evident by December 2023, when the ROE decreased to 22.30%. The trend continued into 2024, with the ROE diminishing further to 11.90% in March, 11.76% in June, and 11.01% in September before dropping to 8.30% in December.
The initial decrease in 2024 suggests a reversal of prior gains, potentially due to diminished net income or changes in equity levels. The downward trend persisted into 2025, with ROE figures of 8.81% in March and 7.84% in June, indicating sustained pressure on overall profitability relative to shareholders' equity.
Overall, the ROE trend demonstrates a strong period of growth and profitability acceleration beginning in early 2023, reaching peak levels around mid-2023, followed by a notable decline over the subsequent year and a half. This pattern underscores shifts in the company's operational performance, capital management, or external market factors influencing the company's capacity to generate profitable returns for shareholders during this timeframe.
Peer comparison
Jun 30, 2025