Chemours Co (CC)
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 | -237,000 | -316,000 | -88,000 | 489,000 | 578,000 | 908,000 | 882,000 | 747,000 | 609,000 | 395,000 | 257,000 | 215,000 | 219,000 | -117,000 | -117,000 | -45,000 | -51,000 | 408,000 | 607,000 | 792,000 |
| Total stockholders’ equity | US$ in thousands | 737,000 | 755,000 | 808,000 | 1,227,000 | 1,107,000 | 1,284,000 | 1,214,000 | 1,166,000 | 1,081,000 | 998,000 | 898,000 | 850,000 | 813,000 | 732,000 | 657,000 | 655,000 | 689,000 | 837,000 | 823,000 | 810,000 |
| ROE | -32.16% | -41.85% | -10.89% | 39.85% | 52.21% | 70.72% | 72.65% | 64.07% | 56.34% | 39.58% | 28.62% | 25.29% | 26.94% | -15.98% | -17.81% | -6.87% | -7.40% | 48.75% | 73.75% | 97.78% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-237,000K ÷ $737,000K
= -32.16%
The return on equity (ROE) of Chemours Co has varied significantly over the past few quarters. The ROE was negative in recent quarters, with values of -32.16% in December 2023 and -41.85% in September 2023, indicating that the company had a net loss relative to its shareholders' equity during these periods.
However, the ROE rebounded in the earlier quarters, with a peak ROE of 97.78% in March 2019. This high ROE suggests that the company was efficient in generating profits from the shareholders' equity during that period.
Overall, there seems to be volatility in Chemours Co's ROE performance, with fluctuations between negative and positive values. It is essential for stakeholders to monitor the company's profitability and financial health closely, considering the significant variations in ROE.
Peer comparison
Dec 31, 2023