Choice Hotels International Inc (CHH)

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	258,507	285,067	296,123	317,581	332,152	340,722	354,297	334,011	288,957	232,739	130,584	42,261	75,387	109,691	171,430	248,260	222,878	212,180	215,900	221,350
Total stockholders’ equity	US$ in thousands	35,598	72,413	54,691	47,008	154,660	284,511	416,725	314,645	265,882	212,146	104,933	19,235	-5,752	-21,404	-42,752	-43,854	-23,511	-56,735	-122,660	-185,477
ROE		726.18%	393.67%	541.45%	675.59%	214.76%	119.76%	85.02%	106.15%	108.68%	109.71%	124.45%	219.71%	—	—	—	—	—	—	—	—

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $258,507K ÷ $35,598K
= 726.18%

Choice Hotels International Inc's return on equity (ROE) has fluctuated significantly over the past few quarters, ranging from as low as 85.02% to as high as 726.18%. The trend shows a general increase in ROE from the third quarter of 2021 to the first quarter of 2023, with a peak in the fourth quarter of 2023. This suggests that the company's profitability and efficiency in generating returns for its shareholders have been on an upward trajectory during this period. However, the absence of data for the fourth quarter of 2020 hinders a full understanding of the overall trend. Further analysis and comparison with industry benchmarks would be necessary to provide a more comprehensive assessment of Choice Hotels International Inc's ROE performance.