Hub Group Inc (HUBG)
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 | 103,993 | 108,456 | 115,312 | 132,802 | 167,529 | 218,018 | 274,884 | 331,225 | 356,948 | 361,988 | 318,001 | 241,747 | 171,474 | 109,548 | 90,991 | 77,553 | 73,559 | 79,126 | 80,450 | 96,513 |
| Total stockholders’ equity | US$ in thousands | 1,645,000 | 1,626,270 | 1,641,130 | 1,622,220 | 1,634,640 | 1,629,070 | 1,610,740 | 1,659,050 | 1,599,600 | 1,517,380 | 1,535,190 | 1,426,970 | 1,340,310 | 1,255,120 | 1,207,080 | 1,176,500 | 1,157,920 | 1,135,010 | 1,105,840 | 1,088,710 |
| ROE | 6.32% | 6.67% | 7.03% | 8.19% | 10.25% | 13.38% | 17.07% | 19.96% | 22.31% | 23.86% | 20.71% | 16.94% | 12.79% | 8.73% | 7.54% | 6.59% | 6.35% | 6.97% | 7.28% | 8.86% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $103,993K ÷ $1,645,000K
= 6.32%
The return on equity (ROE) for Hub Group Inc has displayed varying trends over the past few years. From March 31, 2020, to June 30, 2021, the ROE experienced a decline from 8.86% to 7.54%. However, it started to show a positive growth trend from September 30, 2021, onwards, reaching a peak of 23.86% on September 30, 2022.
Subsequently, there was a slight decrease in ROE to 10.25% by December 31, 2023. The ROE continued to decline steadily into the following year, with December 31, 2024, recording a ROE of 6.32%.
Overall, the ROE for Hub Group Inc has experienced fluctuations, with periods of growth and decline. It is crucial for stakeholders to monitor these changes to assess the company's profitability performance relative to its equity.
Peer comparison
Dec 31, 2024