Boise Cascad Llc (BCC)
Return on equity (ROE)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 483,656 | 857,658 | 712,486 | 174,979 | 80,925 |
| Total stockholders’ equity | US$ in thousands | 2,195,660 | 2,057,980 | 1,352,620 | 850,799 | 701,330 |
| ROE | 22.03% | 41.67% | 52.67% | 20.57% | 11.54% |
December 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $483,656K ÷ $2,195,660K
= 22.03%
Boise Cascade Co's return on equity (ROE) has fluctuated over the past five years, ranging from a low of 11.54% in 2019 to a high of 52.67% in 2021. The ROE decreased in 2020 to 20.57% before rebounding to 41.67% in 2022 and then declining again to 22.03% in 2023.
The increase in ROE from 2019 to 2021 indicates improved profitability and efficiency in generating returns for shareholders. However, the subsequent decrease in ROE in 2022 and 2023 suggests a potential decline in profitability or efficiency in utilizing shareholders' equity to generate earnings.
Overall, Boise Cascade Co's ROE performance indicates some fluctuations, highlighting the importance of monitoring the company's financial performance trends to assess its ability to generate returns for shareholders consistently.
Peer comparison
Dec 31, 2023