Crane Company (CR)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 294,700 | 255,900 | 401,100 | 435,400 | 181,000 |
| Total stockholders’ equity | US$ in thousands | 1,638,700 | 1,357,800 | 1,907,100 | 1,835,100 | 1,531,100 |
| ROE | 17.98% | 18.85% | 21.03% | 23.73% | 11.82% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $294,700K ÷ $1,638,700K
= 17.98%
Crane Company's return on equity (ROE) has shown fluctuation over the past five years. Starting at 11.82% on December 31, 2020, the ROE increased significantly to 23.73% by December 31, 2021, indicating improved profitability and efficiency in utilizing shareholders' equity. However, there was a slight decrease in ROE to 21.03% by December 31, 2022, followed by a further decline to 18.85% by December 31, 2023. This downward trend suggests a potential decline in the company's ability to generate profits from shareholders' equity.
By December 31, 2024, Crane Company's ROE decreased to 17.98%, indicating ongoing challenges in achieving high returns relative to the level of equity investment. It is important for the company to closely monitor and address any underlying factors impacting its ROE to sustain long-term profitability and shareholder value.
Peer comparison
Dec 31, 2024