Atlas Energy Solutions Inc. (AESI)

Return on equity (ROE)

		Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023
Net income (ttm)	US$ in thousands	81,279	106,801
Total stockholders’ equity	US$ in thousands	1,046,180	1,061,960	1,066,430	867,824	-75,992
ROE		7.77%	10.06%

September 30, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $81,279K ÷ $1,046,180K
= 7.77%

To analyze Atlas Energy Solutions Inc.'s return on equity (ROE) based on the provided data, we first note that ROE is a key financial ratio that measures a company's profitability by evaluating how effectively it generates profits from shareholders' equity.

The ROE figures for Sep 30, 2024, and Jun 30, 2024, are 7.77% and 10.06%, respectively. The ROE has decreased from 10.06% to 7.77% between these two periods, indicating a declining trend in the company's profitability relative to shareholder equity.

A lower ROE can be attributed to various factors such as decreased net income, increased shareholder equity, or a combination of both. It suggests that the company is less efficient in generating profits from the equity invested by shareholders.

Further analysis would be necessary to determine the specific reasons behind the decline in ROE and assess the company's overall financial health and performance. Factors such as changes in revenue, expenses, debt levels, and asset utilization should be considered to provide a comprehensive evaluation of Atlas Energy Solutions Inc.'s profitability and efficiency in utilizing shareholder equity.