Vishay Intertechnology Inc (VSH)

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 323,820 345,136 419,668 437,018 428,810 392,545 349,304 330,108 297,970 299,014 235,678 167,139 122,923 99,318 95,872 115,696 163,936 252,393 300,231 358,851
Total stockholders’ equity US$ in thousands 2,196,080 2,138,280 2,210,620 2,143,010 2,046,250 1,896,800 1,837,420 1,812,780 1,743,750 1,725,520 1,657,020 1,565,450 1,576,220 1,536,640 1,496,380 1,467,120 1,485,150 1,485,500 1,489,950 1,449,140
ROE 14.75% 16.14% 18.98% 20.39% 20.96% 20.70% 19.01% 18.21% 17.09% 17.33% 14.22% 10.68% 7.80% 6.46% 6.41% 7.89% 11.04% 16.99% 20.15% 24.76%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $323,820K ÷ $2,196,080K
= 14.75%

Vishay Intertechnology, Inc.'s return on equity (ROE) has shown some variability over the past eight quarters, ranging from 14.75% to 20.96%. The trend indicates a slight decline in ROE from Q4 2022 to Q4 2023, with the ROE decreasing from 20.96% to 14.75%. Despite this decrease, the ROE remained above 14% throughout the period, indicating the company's ability to generate a reasonable return on shareholders' equity. Overall, the company's ROE performance reflects a moderately stable financial efficiency in utilizing equity to generate profits during the analyzed period.


Peer comparison

Dec 31, 2023

Company name
Symbol
ROE
Vishay Intertechnology Inc
VSH
14.75%
Hubbell Inc
HUBB
26.41%
Mercury Systems Inc
MRCY
-9.35%
Universal Display
OLED
14.03%