Choice Hotels International Inc (CHH)
Return on equity (ROE)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 258,507 | 332,152 | 288,957 | 75,387 | 222,878 |
| Total stockholders’ equity | US$ in thousands | 35,598 | 154,660 | 265,882 | -5,752 | -23,511 |
| ROE | 726.18% | 214.76% | 108.68% | — | — |
December 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $258,507K ÷ $35,598K
= 726.18%
Choice Hotels International Inc has demonstrated a significant upward trend in return on equity (ROE) over the past five years. In 2023, the ROE stood at an impressive 726.18%, showcasing a substantial increase from the previous year's 214.76% and a substantial leap from 108.68% in 2021. While there is no data available for 2020 and 2019, the consistent upward trajectory suggests strong financial performance and efficient utilization of shareholders' equity to generate profits. This remarkable ROE indicates that Choice Hotels International Inc is effectively leveraging its equity capital to generate substantial returns for its shareholders.
Peer comparison
Dec 31, 2023