Taylor Morn Home (TMHC)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 883,309 | 768,929 | 1,052,800 | 663,026 | 243,439 |
| Total stockholders’ equity | US$ in thousands | 5,866,540 | 5,314,940 | 4,630,330 | 3,925,850 | 3,504,540 |
| ROE | 15.06% | 14.47% | 22.74% | 16.89% | 6.95% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $883,309K ÷ $5,866,540K
= 15.06%
The return on equity (ROE) of Taylor Morn Home has shown variability over the years based on the provided data.
- In December 31, 2020, the ROE was 6.95%, indicating a relatively lower return on equity compared to the following years.
- By December 31, 2021, the ROE had increased significantly to 16.89%, reflecting improved profitability and efficiency in utilizing equity.
- The trend continued to December 31, 2022, with a notable rise in ROE to 22.74%, suggesting further enhancement in the company's financial performance.
- However, there was a slight decline in ROE by December 31, 2023, dropping to 14.47% from the previous year.
- By December 31, 2024, the ROE improved slightly to 15.06%, showing a modest recovery from the decline in the previous year.
Overall, Taylor Morn Home's return on equity has displayed fluctuations over the years, with significant improvements in certain periods and minor declines in others. It is important for investors and stakeholders to monitor these changes to assess the company's performance and profitability.
Peer comparison
Dec 31, 2024