Warrior Met Coal Inc (HCC)
Return on equity (ROE)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 478,628 | 449,406 | 462,427 | 677,326 | 641,298 | 680,134 | 620,158 | 318,485 | 150,881 | -21,320 | -74,181 | -78,661 | -35,761 | 18,701 | 78,157 | 212,799 | 301,701 | 655,140 | 662,709 | 628,540 |
| Total stockholders’ equity | US$ in thousands | 1,874,450 | 1,745,210 | 1,661,300 | 1,578,290 | 1,447,520 | 1,347,630 | 1,291,060 | 1,018,610 | 871,983 | 735,363 | 698,154 | 700,303 | 725,241 | 759,711 | 774,963 | 785,122 | 765,582 | 745,937 | 712,658 | 819,064 |
| ROE | 25.53% | 25.75% | 27.84% | 42.92% | 44.30% | 50.47% | 48.03% | 31.27% | 17.30% | -2.90% | -10.63% | -11.23% | -4.93% | 2.46% | 10.09% | 27.10% | 39.41% | 87.83% | 92.99% | 76.74% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $478,628K ÷ $1,874,450K
= 25.53%
Warrior Met Coal Inc's return on equity (ROE) has exhibited fluctuations over the past eight quarters, ranging from a low of 25.53% in Q4 2023 to a high of 50.47% in Q3 2022. The ROE values have shown a general decreasing trend from Q3 2022 to Q4 2023, indicating a potential decline in the company's profitability relative to its shareholders' equity. Despite this decline, Warrior Met Coal Inc's ROE remains relatively strong, with all values in the double-digit range. Further investigation into the drivers of these fluctuations, such as changes in net income and shareholder equity, would be necessary to fully understand the factors impacting the company's ROE performance.
Peer comparison
Dec 31, 2023