Grand Canyon Education Inc (LOPE)

Return on equity (ROE)

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Net income US$ in thousands 226,234 204,985 184,675 260,344 257,196
Total stockholders’ equity US$ in thousands 783,853 718,014 637,619 1,045,050 1,574,330
ROE 28.86% 28.55% 28.96% 24.91% 16.34%

December 31, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $226,234K ÷ $783,853K
= 28.86%

Grand Canyon Education Inc's return on equity (ROE) has shown a positive trend over the years, increasing from 16.34% in December 2020 to 28.86% in December 2024. This indicates that the company has been effectively utilizing its equity to generate profits for shareholders. The consistent growth in ROE reflects the company's ability to efficiently generate earnings from its shareholders' investments. The company's strong ROE suggests effective management of assets and good financial health, which may attract investors seeking profitable returns on their investments.