Vishay Intertechnology Inc (VSH)
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 | -31,150 | 86,630 | 171,458 | 242,963 | 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 |
| Total stockholders’ equity | US$ in thousands | 2,028,960 | 2,167,670 | 2,175,860 | 2,181,980 | 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 | 1,576,380 | 1,536,640 | 1,496,380 | 1,467,120 |
| ROE | -1.54% | 4.00% | 7.88% | 11.13% | 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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-31,150K ÷ $2,028,960K
= -1.54%
Vishay Intertechnology Inc's return on equity (ROE) has shown fluctuating trends over the past few years. The ROE increased steadily from March 31, 2021, to June 30, 2022, reaching a peak of 20.70% on September 30, 2022. This upward trend indicates improving profitability relative to the shareholders' equity.
However, starting from December 31, 2022, the ROE began to decline, dropping to 14.75% by the end of December 2023. The downward trend continued, with the ROE falling to 4.00% on September 30, 2024, and turning negative to -1.54% by December 31, 2024.
The declining ROE from December 2022 to December 2024 suggests deteriorating profitability relative to the shareholders' equity, which could be a cause for concern. It would be important for stakeholders to closely monitor the company's performance and assess the reasons behind the decreasing ROE to address any underlying issues impacting profitability.
Peer comparison
Dec 31, 2024