Chesapeake Utilities Corporation (CPK)
Return on equity (ROE)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 118,600 | 107,274 | 99,174 | 97,036 | 87,212 | 88,034 | 88,289 | 89,207 | 89,796 | 86,358 | 89,171 | 85,933 | 83,466 | 83,106 | 79,892 | 77,035 | 71,499 | 71,709 | 68,069 | 65,417 |
| Total stockholders’ equity | US$ in thousands | 1,390,200 | 1,348,270 | 1,290,550 | 1,280,900 | 1,246,100 | 866,677 | 864,228 | 858,588 | 832,801 | 814,438 | 815,701 | 805,512 | 774,130 | 750,962 | 741,564 | 726,388 | 697,085 | 616,690 | 593,277 | 584,129 |
| ROE | 8.53% | 7.96% | 7.68% | 7.58% | 7.00% | 10.16% | 10.22% | 10.39% | 10.78% | 10.60% | 10.93% | 10.67% | 10.78% | 11.07% | 10.77% | 10.61% | 10.26% | 11.63% | 11.47% | 11.20% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $118,600K ÷ $1,390,200K
= 8.53%
Chesapeake Utilities Corporation's return on equity (ROE) has shown fluctuations over the past few years. The trend indicates that the ROE started at 11.20% in March 2020, reached a peak of 11.63% in September 2020, and then declined to 7.00% by December 2023. This significant decrease in ROE may raise concerns about the company's profitability and efficiency in generating returns for its equity shareholders.
However, there was a slight uptick in ROE to 8.53% by December 2024, indicating a potential improvement in the company's profitability. It is crucial for stakeholders to monitor this metric closely to understand the factors driving these fluctuations and to assess the company's financial health and performance over time.
Peer comparison
Dec 31, 2024