Interface Inc (TILE)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 86,946 | 44,517 | 19,560 | 55,234 | -71,929 |
| Total stockholders’ equity | US$ in thousands | 489,148 | 425,947 | 361,537 | 363,398 | 326,538 |
| ROE | 17.77% | 10.45% | 5.41% | 15.20% | -22.03% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $86,946K ÷ $489,148K
= 17.77%
Interface Inc's return on equity (ROE) has shown significant fluctuations over the past five years, based on the provided data.
- As of December 31, 2020, the ROE was negative at -22.03%, indicating that the company's net income was insufficient in generating returns for shareholders relative to their equity investments.
- By December 31, 2021, the ROE had improved to 15.20%, suggesting that the company had become more efficient in utilizing shareholder equity to generate profits.
- However, by the end of December 31, 2022, the ROE decreased to 5.41%, implying a slight decline in the company's ability to generate returns on equity.
- The trend reversed in the following year, with the ROE increasing to 10.45% by December 31, 2023, indicating improved profitability.
- Finally, as of December 31, 2024, the ROE reached 17.77%, demonstrating a significant improvement in the company's ability to generate returns on shareholder equity.
Overall, Interface Inc's ROE has shown variability in performance over the past five years, reflecting changes in the company's profitability and efficiency in utilizing shareholder equity. These fluctuations may indicate shifts in the company's financial health and strategic direction during the period analyzed.
Peer comparison
Dec 31, 2024