Concentra Group Holdings Parent, Inc. (CON)
Return on equity (ROE)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | ||
|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 166,543 | 120,553 | 128,957 | 123,484 |
| Total stockholders’ equity | US$ in thousands | 275,671 | 277,780 | 1,246,780 | 1,195,760 |
| ROE | 60.41% | 43.40% | 10.34% | 10.33% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $166,543K ÷ $275,671K
= 60.41%
Concentra Group Holdings Parent, Inc.'s return on equity (ROE) has shown varying trends over the four quarters of 2024. The ROE stood at 10.33% in March 2024 and slightly increased to 10.34% by June 2024, indicating a relatively stable performance during the first half of the year.
However, the ROE experienced a significant surge in the third quarter, reaching 43.40% in September 2024. This substantial increase suggests improved efficiency in generating profits relative to shareholders' equity.
The most striking improvement was observed in the fourth quarter, with the ROE escalating to 60.41% by December 2024. This remarkable growth in ROE indicates a considerable enhancement in the company's ability to generate profit from its equity base.
Overall, Concentra Group Holdings Parent, Inc. demonstrated a positive trend in ROE throughout 2024, reflecting increasing profitability relative to shareholders' equity, particularly in the latter half of the year.
Peer comparison
Dec 31, 2024