Arch Resources Inc (ARCH)
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 | 464,038 | 819,623 | 926,939 | 1,257,149 | 1,330,913 | 1,087,048 | 995,184 | 615,487 | 337,573 | 32,442 | -248,168 | -325,358 | -344,615 | -274,641 | 23,595 | 135,759 | 233,799 | 328,444 | 344,867 | 325,333 |
| Total stockholders’ equity | US$ in thousands | 1,479,460 | 1,396,150 | 1,425,560 | 1,463,990 | 1,365,580 | 1,186,060 | 1,188,710 | 924,252 | 683,866 | 414,643 | 318,529 | 281,443 | 283,561 | 365,646 | 547,782 | 593,764 | 640,536 | 705,436 | 697,950 | 699,947 |
| ROE | 31.37% | 58.71% | 65.02% | 85.87% | 97.46% | 91.65% | 83.72% | 66.59% | 49.36% | 7.82% | -77.91% | -115.60% | -121.53% | -75.11% | 4.31% | 22.86% | 36.50% | 46.56% | 49.41% | 46.48% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $464,038K ÷ $1,479,460K
= 31.37%
Based on the data provided, Arch Resources Inc's return on equity (ROE) has shown a fluctuating trend over the periods mentioned. The ROE performance experienced significant volatility, ranging from negative values, indicating periods of losses, to positive values indicating profitability.
- ROE steadily improved from negative values in early 2021 to a peak of 97.46% in December 2022, signifying enhanced profitability during that period.
- The ROE then experienced a decline in 2023, with a notable decrease from March to September, but it remained positive.
- The highest ROE of 85.87% in March 2023 and the lowest ROE of -121.53% in March 2021 reflect the company's varying levels of profitability and financial performance over time.
- Despite the fluctuations, the company's ROE has generally been positive from late 2020 onwards, indicating overall profitability even though it has been volatile.
In summary, the ROE of Arch Resources Inc has shown a mixed trend, with periods of strong profitability followed by declines. Continuous monitoring and analysis of ROE trends are essential to understand the company's performance and financial health accurately.
Peer comparison
Dec 31, 2023