Boise Cascad Llc (BCC)
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 | 483,661 | 503,486 | 580,042 | 651,833 | 857,700 | 909,415 | 781,485 | 865,930 | 712,486 | 642,511 | 654,004 | 385,034 | 248,078 | 173,778 | 97,707 | 91,790 | 90,979 | -18,121 | -31,394 | -17,238 |
| Total stockholders’ equity | US$ in thousands | 2,195,660 | 2,307,600 | 2,168,520 | 2,144,520 | 2,057,980 | 1,983,070 | 1,764,980 | 1,648,690 | 1,352,620 | 1,305,600 | 1,215,710 | 995,261 | 850,799 | 778,136 | 739,708 | 708,271 | 701,330 | 731,566 | 705,021 | 679,017 |
| ROE | 22.03% | 21.82% | 26.75% | 30.40% | 41.68% | 45.86% | 44.28% | 52.52% | 52.67% | 49.21% | 53.80% | 38.69% | 29.16% | 22.33% | 13.21% | 12.96% | 12.97% | -2.48% | -4.45% | -2.54% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $483,661K ÷ $2,195,660K
= 22.03%
Boise Cascade Co's return on equity (ROE) has displayed fluctuations over the past eight quarters. ROE decreased from 52.52% in Q1 2022 to 30.39% in Q1 2023, indicating a declining trend during this period. However, it rebounded to 26.75% in Q2 2023 before reaching 21.82% in Q3 2023. The most recent figure for Q4 2023 shows an ROE of 22.03%, indicating some stability in the company's return on equity.
The high ROE levels observed in Q4 2022 and Q3 2022, reaching 41.67% and 45.86% respectively, suggest that Boise Cascade Co was able to efficiently generate profits relative to its shareholders' equity during those periods. However, there has been a gradual decline in ROE since then, signaling potential changes in the company's profitability and efficiency in utilizing shareholder funds.
Overall, Boise Cascade Co's ROE performance over the past eight quarters indicates variability and a recent downward trend, which may prompt further analysis to understand the factors influencing these fluctuations and assess the company's future financial prospects.
Peer comparison
Dec 31, 2023