HF Sinclair Corp (DINO)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 177,000 | 1,589,670 | 2,922,670 | 558,324 | -514,899 |
| Total stockholders’ equity | US$ in thousands | 9,278,000 | 10,169,100 | 9,243,820 | 5,687,880 | 5,168,360 |
| ROE | 1.91% | 15.63% | 31.62% | 9.82% | -9.96% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $177,000K ÷ $9,278,000K
= 1.91%
Based on the provided data, HF Sinclair Corp's return on equity (ROE) has shown significant fluctuations over the past five years.
1. In 2020, the ROE was negative at -9.96%, indicating that the company generated a net loss attributable to shareholders' equity.
2. By the end of 2021, the ROE improved to 9.82%, signifying a return to profitability and a positive impact on shareholders' equity.
3. In 2022, there was a substantial increase in ROE to 31.62%, suggesting improved efficiency in utilizing equity to generate profits.
4. However, in 2023, the ROE decreased to 15.63%, indicating a potential slowdown in profitability growth compared to the previous year.
5. Lastly, by the end of 2024, the ROE further declined to 1.91%, signaling a significant drop in the company's ability to generate profits relative to its equity base.
Overall, the varying ROE figures highlight the inconsistency in HF Sinclair Corp's profitability and efficiency in utilizing shareholders' equity to generate returns over the analyzed period. Further examination of the company's financial strategy and operational performance may be warranted to understand the underlying reasons for these fluctuations.