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%