Valmont Industries Inc (VMI)
Return on equity (ROE)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 148,654 | 153,025 | 274,165 | 260,897 | 250,863 | 237,387 | 216,925 | 202,927 | 195,630 | 344,167 | 331,859 | 292,356 | 280,271 | 257,658 | 258,460 | 277,250 | 270,802 | 256,050 | 220,354 | 211,917 |
| Total stockholders’ equity | US$ in thousands | 1,354,280 | 1,501,740 | 1,612,220 | 1,540,100 | 1,580,850 | 1,512,730 | 1,488,380 | 1,476,050 | 1,386,850 | 1,318,140 | 1,294,620 | 1,224,810 | 1,182,060 | 1,162,440 | 1,126,840 | 1,087,410 | 1,144,340 | 1,086,690 | 1,081,740 | 1,078,260 |
| ROE | 10.98% | 10.19% | 17.01% | 16.94% | 15.87% | 15.69% | 14.57% | 13.75% | 14.11% | 26.11% | 25.63% | 23.87% | 23.71% | 22.17% | 22.94% | 25.50% | 23.66% | 23.56% | 20.37% | 19.65% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $148,654K ÷ $1,354,280K
= 10.98%
The return on equity (ROE) of Valmont Industries Inc has shown a fluctuating trend over the past few quarters. ROE measures the efficiency of a company in generating profits from its shareholders' equity.
From the data provided:
- The ROE for Dec 31, 2019, was the lowest at 19.65%, and it experienced an increase in subsequent quarters.
- The ROE peaked at 26.11% on Sep 30, 2021, indicating strong profitability relative to shareholders' equity at that point.
- There was a notable decrease in ROE from Sep 30, 2021, to Jun 30, 2022, before it began to increase again in the following quarters.
- Overall, the ROE has varied between 10.19% and 26.11% over the analyzed periods, with an average ROE of approximately 19.78%.
The fluctuations in ROE could be attributed to changes in the company's profitability, debt levels, or asset efficiency. It is crucial for investors and analysts to monitor ROE consistently to assess the company's ability to generate returns on shareholders' equity effectively.
Peer comparison
Dec 31, 2023