Peabody Energy Corp (BTU)
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 | 759,600 | 1,199,600 | 1,454,800 | 1,685,100 | 1,297,100 | 1,178,100 | 758,800 | 320,700 | 360,100 | -282,100 | -305,100 | -1,820,700 | -1,870,300 | -2,030,900 | -2,046,500 | -465,200 | -211,300 | 331,100 | 210,200 | 35,500 |
| Total stockholders’ equity | US$ in thousands | 3,547,000 | 3,458,600 | 3,444,700 | 3,474,700 | 3,231,300 | 2,611,200 | 2,248,200 | 1,852,800 | 1,761,800 | 981,900 | 896,500 | 839,500 | 929,600 | 1,050,700 | 939,300 | 2,476,500 | 2,613,800 | 2,939,600 | 3,176,100 | 3,214,700 |
| ROE | 21.42% | 34.68% | 42.23% | 48.50% | 40.14% | 45.12% | 33.75% | 17.31% | 20.44% | -28.73% | -34.03% | -216.88% | -201.19% | -193.29% | -217.88% | -18.78% | -8.08% | 11.26% | 6.62% | 1.10% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $759,600K ÷ $3,547,000K
= 21.42%
The return on equity (ROE) of Peabody Energy Corp has shown significant fluctuations over the past few quarters, ranging from negative values to positive values.
In the recent quarters of 2023, the ROE has been improving consistently, with values of 21.42% in December 2023, 34.68% in September 2023, 42.23% in June 2023, and 48.50% in March 2023. This indicates that the company's ability to generate profit from shareholders' equity has been strengthening.
However, in the earlier quarters of 2022 and 2021, the ROE experienced substantial declines and even negative values, notably hitting -216.88% and -201.19% in March and June 2021, respectively. These negative values suggest that the company was not efficiently utilizing shareholders' equity to generate profits during that period.
Overall, considering the recent positive trend in ROE, it appears that Peabody Energy Corp's profitability and efficiency in utilizing shareholders' equity have improved in the recent quarters compared to the challenging periods in the past. Nevertheless, it would be essential to monitor the company's performance closely to ensure sustainability in its ROE growth.
Peer comparison
Dec 31, 2023