Coterra Energy Inc (CTRA)
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 | 1,121,000 | 1,240,000 | 1,311,000 | 1,300,000 | 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 |
| Total stockholders’ equity | US$ in thousands | 13,122,000 | 13,034,000 | 13,029,000 | 13,089,000 | 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 |
| ROE | 8.54% | 9.51% | 10.06% | 9.93% | 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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,121,000K ÷ $13,122,000K
= 8.54%
Coterra Energy Inc's Return on Equity (ROE) has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ROE started at a relatively high level of 21.77% in March 2020, indicating strong performance in generating profits from shareholders' equity.
However, there was a decline in ROE to 8.54% by December 31, 2024. This downward trend suggests that the company's ability to generate profits from shareholders' equity has weakened over time.
There were some periods of improvement in ROE, such as an increase to 32.70% by March 31, 2023, and a peak of 32.11% by December 31, 2022. These instances may indicate improved efficiency in utilizing equity to generate profits.
Overall, the fluctuating trend in Coterra Energy Inc's ROE signals varying levels of profitability relative to shareholders' investment over the analyzed period. It is essential for investors and stakeholders to monitor ROE trends closely to assess the company's performance and sustainability in generating returns on equity.
Peer comparison
Dec 31, 2024