Everus Construction Group Inc (ECG)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Net income | US$ in thousands | 143,421 | 118,783 | 124,781 | 109,402 |
| Total stockholders’ equity | US$ in thousands | 422,612 | 448,850 | 382,247 | — |
| ROE | 33.94% | 26.46% | 32.64% | — |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $143,421K ÷ $422,612K
= 33.94%
The return on equity (ROE) of Everus Construction Group Inc has shown a positive trend over the past few years. In 2022, the ROE was 32.64%, indicating that for every dollar of shareholder equity, the company generated a profit of 32.64 cents. This figure decreased slightly to 26.46% in 2023 but rebounded in 2024 to 33.94%. Overall, the company has been efficient in utilizing its equity to generate returns for its shareholders, with the ROE consistently above average in the construction industry. The increasing trend in ROE signifies that the company is effectively managing its assets and operations to generate higher profits relative to its equity base.
Peer comparison
Dec 31, 2024