Chart Industries Inc (GTLS)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 218,500 | 47,300 | 83,000 | 59,100 | 82,300 |
| Total stockholders’ equity | US$ in thousands | 2,828,800 | 2,786,500 | 2,684,300 | 1,625,200 | 1,591,300 |
| ROE | 7.72% | 1.70% | 3.09% | 3.64% | 5.17% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $218,500K ÷ $2,828,800K
= 7.72%
Chart Industries Inc's return on equity (ROE) has shown variability over the past five years. In 2020, the ROE stood at 5.17%, indicating that for every dollar of shareholder equity, the company generated a return of 5.17%. However, in the following years, there was a downward trend in ROE, reaching 3.64% in 2021, 3.09% in 2022, and 1.70% in 2023. This downward trend suggests a potential decline in the company's efficiency in generating profits from shareholder equity.
Nevertheless, there was a notable improvement in 2024, with the ROE increasing to 7.72%. This rebound may indicate that the company implemented strategies to improve profitability and efficiency in the most recent year. It is essential for investors and analysts to further investigate the factors behind this rebound and monitor future ROE trends to assess the company's performance and financial health accurately.