KBR Inc (KBR)
Return on equity (ROE)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -265,000 | 190,000 | 27,000 | -63,000 | 202,000 |
| Total stockholders’ equity | US$ in thousands | 1,383,000 | 1,620,000 | 1,669,000 | 1,580,000 | 1,839,000 |
| ROE | -19.16% | 11.73% | 1.62% | -3.99% | 10.98% |
December 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $-265,000K ÷ $1,383,000K
= -19.16%
The return on equity (ROE) of KBR Inc has been quite variable over the past five years. In 2023, the ROE was notably negative at -19.16%, indicating that the company generated a loss in relation to its equity. This is a significant decline compared to the positive ROE of 11.73% in 2022.
Looking back further, in 2021, the ROE was fairly low at 1.62%, suggesting that the company's ability to generate profit from its shareholders' equity was relatively weak. In 2020, the ROE was negative at -3.99%, implying further losses were incurred.
The highest ROE of 10.98% was recorded in 2019, indicating a relatively strong performance in that year. Overall, the fluctuating trend in ROE over the years may indicate inconsistency in the company's profitability and efficiency in utilizing shareholders' equity to generate returns. Further analysis of the company's financial performance and strategies may be required to understand the factors contributing to these fluctuations.
Peer comparison
Dec 31, 2023