Koppers Holdings Inc (KOP)
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 | 89,200 | 90,100 | 82,900 | 70,100 | 63,400 | 71,800 | 62,900 | 78,100 | 85,200 | 81,600 | 147,000 | 149,300 | 122,000 | 124,000 | 68,300 | 53,800 | 66,800 | 43,600 | 31,300 | 17,200 |
| Total stockholders’ equity | US$ in thousands | 498,900 | 472,000 | 452,600 | 430,600 | 399,400 | 368,900 | 375,300 | 418,900 | 406,600 | 396,400 | 411,800 | 376,700 | 341,700 | 281,400 | 175,900 | 99,100 | 147,300 | 100,400 | 91,600 | 78,000 |
| ROE | 17.88% | 19.09% | 18.32% | 16.28% | 15.87% | 19.46% | 16.76% | 18.64% | 20.95% | 20.59% | 35.70% | 39.63% | 35.70% | 44.07% | 38.83% | 54.29% | 45.35% | 43.43% | 34.17% | 22.05% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $89,200K ÷ $498,900K
= 17.88%
Over the past eight quarters, Koppers Holdings Inc has maintained a relatively stable and healthy return on equity (ROE) ranging from 15.87% to 19.46%. The ROE measures the company's efficiency in generating profits from shareholders' equity. Despite slight fluctuations, the company's ROE has generally trended upwards, indicating improved profitability relative to its equity base.
The highest ROE of 19.46% was recorded in Q3 2022, while the lowest was 15.87% in Q4 2022. This demonstrates some variability in the company's performance, although the overall trend seems positive. The recent ROE figures in Q3 and Q4 2023 show a slight dip compared to previous quarters but still remain above 15%, suggesting solid financial performance.
Investors and stakeholders can view the company's consistent ROE figures as a positive sign of management's ability to generate profits from the shareholders' investments. However, it would be advisable to further analyze the company's financial statements and industry trends to gain a more comprehensive understanding of Koppers Holdings Inc's financial performance and prospects.
Peer comparison
Dec 31, 2023