Constellation Energy Corp (CEG)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,623,000 | 1,694,000 | 775,000 | -169,000 | -159,000 | -151,000 | |||
| Total stockholders’ equity | US$ in thousands | 10,925,000 | 11,666,000 | 11,256,000 | 10,728,000 | 11,018,000 | 10,803,000 | 11,000,000 | 11,105,000 | 11,219,000 |
| ROE | 14.86% | 14.52% | 6.89% | -1.58% | -1.44% | -1.40% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,623,000K ÷ $10,925,000K
= 14.86%
Constellation Energy Corporation's return on equity (ROE) has shown mixed performance over the past five quarters. In Q4 2023 and Q3 2023, the ROE stood at 14.86% and 14.51% respectively, indicating a relatively healthy return generated on shareholders' equity. However, in Q2 2023 and Q1 2023, the ROE decreased to 6.88% and -1.58% respectively, reflecting a significant decline in profitability and efficiency in utilizing shareholders' equity. The negative ROE in Q1 2023 suggests that the company may have incurred losses during that period. Similarly, in Q4 2022, the ROE was also negative at -1.45%, indicating continued challenges in generating a positive return on equity. Overall, Constellation Energy Corporation's ROE performance has been inconsistent, and it may be important for the company to focus on improving profitability and operational efficiency to enhance shareholder value in the future.
Peer comparison
Dec 31, 2023