Knife River Corporation (KNF)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 201,678 | 182,872 | 72,916 | 129,755 | 147,325 |
| Total stockholders’ equity | US$ in thousands | 1,476,080 | 1,266,010 | 1,027,460 | 952,844 | — |
| ROE | 13.66% | 14.44% | 7.10% | 13.62% | — |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $201,678K ÷ $1,476,080K
= 13.66%
Knife River Corporation's Return on Equity (ROE) has shown fluctuations over the past five years. At the end of December 31, 2020, ROE data is unavailable. However, the ROE for December 31, 2021, was 13.62%, which indicates that the company generated a profit of 13.62% on its shareholders' equity for that year.
Subsequently, there was a decrease in ROE to 7.10% by December 31, 2022, which suggests a decline in the company's profitability relative to its shareholders' equity. However, this trend reversed in the following year, as of December 31, 2023, with ROE increasing to 14.44%.
By December 31, 2024, the ROE stood at 13.66%, showing a slight decrease from the previous year. Overall, the company's ROE performance indicates some variability but generally remained at healthy levels above 10%, reflecting the company's ability to generate profits from its shareholders' equity investment. Further analysis may be necessary to understand the factors driving these fluctuations in ROE over the years.
Peer comparison
Dec 31, 2024