Atlas Energy Solutions Inc. (AESI)
Return on equity (ROE)
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | ||
---|---|---|---|---|
Net income (ttm) | US$ in thousands | 59,944 | 81,279 | 106,801 |
Total stockholders’ equity | US$ in thousands | 1,036,560 | 1,046,180 | 1,061,960 |
ROE | 5.78% | 7.77% | 10.06% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $59,944K ÷ $1,036,560K
= 5.78%
The return on equity (ROE) for Atlas Energy Solutions Inc. has shown a decreasing trend over the second half of 2024. In June 2024, the ROE stood at 10.06%, indicating that for every dollar of shareholder equity invested, the company generated a return of 10.06%. However, by September 2024, the ROE decreased to 7.77%, and further dropped to 5.78% by December 2024.
A declining trend in ROE can suggest issues with efficiency and profitability in utilizing shareholder equity to generate profits. It is important for the company to investigate the reasons behind this decline in ROE, as it may indicate inefficiencies in operations, declining profitability, or increased financial leverage affecting the returns to shareholders. Overall, management may need to reassess the company's strategy and operational performance to improve the return on equity and enhance shareholder value.
Peer comparison
Dec 31, 2024