Community Healthcare Trust Inc (CHCT)
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 | 7,714 | 8,385 | 10,566 | 9,573 | 22,019 | 22,894 | 22,575 | 22,701 | 22,492 | 21,619 | 21,476 | 20,292 | 19,077 | 16,050 | 13,486 | 11,026 | 8,376 | 4,278 | 3,630 | 3,981 |
| Total stockholders’ equity | US$ in thousands | 513,256 | 522,294 | 505,325 | 494,515 | 496,814 | 478,486 | 472,962 | 471,114 | 462,112 | 461,671 | 457,056 | 450,086 | 429,916 | 409,621 | 387,103 | 367,775 | 353,411 | 300,947 | 279,120 | 269,683 |
| ROE | 1.50% | 1.61% | 2.09% | 1.94% | 4.43% | 4.78% | 4.77% | 4.82% | 4.87% | 4.68% | 4.70% | 4.51% | 4.44% | 3.92% | 3.48% | 3.00% | 2.37% | 1.42% | 1.30% | 1.48% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $7,714K ÷ $513,256K
= 1.50%
Community Healthcare Trust Inc's Return on Equity (ROE) has been fluctuating over the past eight quarters. Initially, the company experienced a steady decrease in ROE from Q1 2022 to Q1 2023, with the lowest recorded ROE of 0.99% in Q4 2023. This downward trend may raise concerns about the company's ability to generate profit relative to its shareholders' equity.
However, it is noteworthy that the ROE recovered slightly in Q2 2023 and Q3 2023, indicating a potential improvement in the company's profitability. These increases suggest that Community Healthcare Trust Inc may be making efforts to enhance its financial performance and efficiency.
Comparing the current ROE figures to those from the same quarters in the previous year, there is a noticeable decline in profitability. The ROE in Q4 2023 is significantly lower than in Q4 2022 when it stood at 3.86%. This decline could raise questions about the company's operational effectiveness and use of shareholder equity to generate returns.
Overall, Community Healthcare Trust Inc's ROE performance reveals a mixed picture with some signs of recent improvement but also a downward trend over the past year. Further analysis of the company's financial statements and operational strategies may provide more insights into the factors influencing its ROE.
Peer comparison
Dec 31, 2023