Taylor Morn Home (TMHC)

Return on equity (ROE)

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 Jun 30, 2020 Mar 31, 2020
Net income (ttm) US$ in thousands 883,309 813,441 733,006 768,148 768,929 871,675 1,010,763 1,067,148 1,052,800 1,050,193 908,548 741,708 663,026 484,721 431,364 372,891 243,439 203,678 155,913 172,090
Total stockholders’ equity US$ in thousands 5,866,540 5,723,460 5,526,540 5,426,170 5,314,940 5,175,110 5,095,310 4,846,550 4,630,330 4,403,470 4,193,900 4,094,800 3,925,850 3,745,900 3,668,850 3,655,560 3,504,540 3,542,140 3,424,740 3,423,040
ROE 15.06% 14.21% 13.26% 14.16% 14.47% 16.84% 19.84% 22.02% 22.74% 23.85% 21.66% 18.11% 16.89% 12.94% 11.76% 10.20% 6.95% 5.75% 4.55% 5.03%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $883,309K ÷ $5,866,540K
= 15.06%

The return on equity (ROE) of Taylor Morn Home has shown fluctuations over the analyzed period. From March 31, 2020, to December 31, 2022, the ROE steadily increased from 5.03% to 22.74%, indicating improved profitability in relation to shareholders' equity.

However, starting from March 31, 2023, the ROE began to decrease, reaching 13.26% by June 30, 2024. This decline may suggest potential challenges in maintaining or improving profitability relative to the equity invested by shareholders.

It is important for Taylor Morn Home to closely monitor and address the factors influencing its ROE to sustain and enhance shareholder value in the future.