Coterra Energy Inc (CTRA)

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	1,625,000	2,241,000	3,114,000	4,134,000	4,065,000	3,971,000	2,839,000	1,640,000	1,158,000	351,677	272,716	273,090	201,000	216,193	321,512	472,147	681,000	809,175	841,154	702,576
Total stockholders’ equity	US$ in thousands	13,039,000	12,789,000	12,659,000	12,643,000	12,659,000	12,659,000	12,191,000	11,718,000	11,738,000	2,327,000	2,300,000	2,306,000	2,216,000	2,118,490	2,165,980	2,168,400	2,151,000	2,213,580	2,344,800	2,320,940
ROE		12.46%	17.52%	24.60%	32.70%	32.11%	31.37%	23.29%	14.00%	9.87%	15.11%	11.86%	11.84%	9.07%	10.21%	14.84%	21.77%	31.66%	36.56%	35.87%	30.27%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,625,000K ÷ $13,039,000K
= 12.46%

Coterra Energy Inc's return on equity (ROE) has exhibited fluctuations over the past eight quarters, with a range of 12.42% to 32.61%. The trend shows an overall improvement from Q1 2022 to Q1 2023, with a peak at 32.61% in Q1 2023. The company's ROE has generally been on an upward trajectory, indicating an enhanced ability to generate profits from shareholders' equity during this period. This steady increase in ROE suggests that Coterra Energy Inc has been effectively utilizing its equity capital to generate returns for its shareholders. The consistent improvement in ROE may signal efficient management of assets and effective strategic decisions. However, it is important to further analyze the underlying factors behind these fluctuations to assess the sustainability of this upward trend.