Chart Industries Inc (GTLS)
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 | 218,500 | 188,700 | 130,100 | 80,600 | 54,300 | 22,000 | 52,800 | 56,700 | 81,900 | 76,500 | 50,200 | 43,700 | 59,100 | 316,800 | 323,600 | 337,200 | 320,100 | 62,700 | 59,700 | 54,000 |
| Total stockholders’ equity | US$ in thousands | 2,828,800 | 2,971,200 | 2,749,100 | 2,738,500 | 2,786,500 | 2,757,500 | 2,807,200 | 2,706,900 | 2,684,300 | 1,617,400 | 1,605,400 | 1,620,700 | 1,625,200 | 1,582,400 | 1,576,400 | 1,559,000 | 1,591,300 | 1,292,100 | 1,246,400 | 1,210,100 |
| ROE | 7.72% | 6.35% | 4.73% | 2.94% | 1.95% | 0.80% | 1.88% | 2.09% | 3.05% | 4.73% | 3.13% | 2.70% | 3.64% | 20.02% | 20.53% | 21.63% | 20.12% | 4.85% | 4.79% | 4.46% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $218,500K ÷ $2,828,800K
= 7.72%
Chart Industries Inc's return on equity (ROE) has shown fluctuating trends over the past few years. From March 2020 to June 2021, the ROE remained relatively stable, hovering between 4.46% and 21.63%. A significant increase in ROE was observed in December 2020, reaching 20.12%, indicating a period of high profitability for the company.
However, starting from September 2021, the ROE began to decline consistently, dropping to 3.64% by December 2021. This downward trend continued into 2022 and 2023, with ROE ranging from 0.80% to 4.73%, indicating a decrease in the company's profitability and efficiency in generating returns for shareholders.
In the later part of 2024, there was a notable improvement in ROE, peaking at 7.72% by December 2024. This uptick may suggest a potential recovery in profitability and a more effective utilization of shareholder equity in the company.
Overall, the fluctuating nature of Chart Industries Inc's ROE indicates varying levels of profitability and efficiency in utilizing equity over the specified period. It is important for stakeholders to monitor these trends to assess the company's performance and financial health accurately.