TRI Pointe Homes Inc (TPH)
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 | 458,029 | 461,650 | 467,753 | 410,475 | 386,162 | 456,301 | 487,665 | 563,324 | 576,060 | 520,527 | 504,457 | 485,943 | 469,267 | 436,941 | 382,467 | 321,126 | 282,207 | 285,086 | 269,265 | 238,999 |
Total stockholders’ equity | US$ in thousands | 3,335,710 | 3,249,950 | 3,139,480 | 3,049,650 | 3,010,960 | 2,923,400 | 2,896,110 | 2,863,620 | 2,832,390 | 2,625,730 | 2,487,570 | 2,408,230 | 2,447,620 | 2,354,140 | 2,279,290 | 2,239,760 | 2,232,540 | 2,198,090 | 2,175,800 | 2,115,280 |
ROE | 13.73% | 14.20% | 14.90% | 13.46% | 12.83% | 15.61% | 16.84% | 19.67% | 20.34% | 19.82% | 20.28% | 20.18% | 19.17% | 18.56% | 16.78% | 14.34% | 12.64% | 12.97% | 12.38% | 11.30% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $458,029K ÷ $3,335,710K
= 13.73%
TRI Pointe Homes Inc has shown a fluctuating trend in its return on equity (ROE) over the past few years. The ROE started at 11.30% as of March 31, 2020, gradually increasing to 20.28% by June 30, 2022. This indicates an improving profitability relative to shareholders' equity.
However, the ROE saw a decline in the subsequent periods, dropping to 12.83% by December 31, 2023. This downtrend continued into the following years, with ROE decreasing to 13.73% by December 31, 2024. While the company may still be generating profits in relation to shareholder investments, the decreasing ROE suggests a potential efficiency or profitability challenge that requires closer examination.
Overall, monitoring TRI Pointe Homes Inc's ROE is essential for investors and stakeholders to assess the company's performance and profitability in utilizing shareholder equity effectively. It is recommended to investigate the factors contributing to the fluctuating ROE trend to make informed decisions regarding the company's financial health.
Peer comparison
Dec 31, 2024