HF Sinclair Corp (DINO)
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 | 176,508 | 328,325 | 1,195,191 | 1,551,064 | 1,589,666 | 2,238,876 | 2,402,359 | 3,115,958 | 2,922,666 | 2,296,109 | 1,622,491 | 570,081 | 558,324 | 480,107 | 196,919 | -148,608 | -601,448 | -423,096 | -158,882 | 214,710 |
| Total stockholders’ equity | US$ in thousands | 9,346,000 | 9,603,680 | 9,889,930 | 10,208,300 | 10,169,100 | 9,824,680 | 9,708,950 | 9,270,660 | 9,243,820 | 9,015,280 | 9,109,710 | 8,116,230 | 5,687,880 | 5,726,740 | 5,443,380 | 5,259,190 | 5,168,360 | 5,336,140 | 5,382,580 | 5,594,160 |
| ROE | 1.89% | 3.42% | 12.08% | 15.19% | 15.63% | 22.79% | 24.74% | 33.61% | 31.62% | 25.47% | 17.81% | 7.02% | 9.82% | 8.38% | 3.62% | -2.83% | -11.64% | -7.93% | -2.95% | 3.84% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $176,508K ÷ $9,346,000K
= 1.89%
HF Sinclair Corp's Return on Equity (ROE) has shown significant fluctuations over the past few years. In March 2020, the ROE was at a relatively low level of 3.84%. This was followed by negative ROE figures in the subsequent quarters, indicating that the company was not generating sufficient profits relative to shareholders' equity.
However, there was a turnaround in the company’s performance starting from June 2022, with the ROE steadily increasing to reach its peak at 31.62% in December 2022. This is a positive sign as it indicates that the company was able to generate higher profits relative to shareholders’ equity during this period.
Subsequently, the ROE fluctuated in the range of 15.19% to 1.89% from March 2023 to December 2024. While these figures are not as high as the peak in December 2022, they still indicate a relatively healthy return on equity for the company during this period.
Overall, the ROE trend for HF Sinclair Corp shows both volatility and improvement over the years, with periods of negative returns being followed by stronger performance. It is essential for investors to monitor the company's ROE closely to assess its profitability and efficiency in utilizing shareholders' equity.