Louisiana-Pacific Corporation (LPX)
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 | 178,000 | 111,000 | 219,000 | 623,000 | 1,086,000 | 1,288,000 | 1,427,000 | 1,541,000 | 1,377,000 | 1,439,000 | 1,251,000 | 786,000 | 499,000 | 192,000 | 17,000 | 1,000 | -5,000 | 63,000 | 185,000 | 331,000 |
| Total stockholders’ equity | US$ in thousands | 1,557,000 | 1,502,000 | 1,419,000 | 1,450,000 | 1,433,000 | 1,361,000 | 1,484,000 | 1,613,000 | 1,235,000 | 1,368,000 | 1,433,000 | 1,404,000 | 1,234,000 | 1,142,000 | 1,000,000 | 984,000 | 991,000 | 1,213,000 | 1,278,000 | 1,273,000 |
| ROE | 11.43% | 7.39% | 15.43% | 42.97% | 75.79% | 94.64% | 96.16% | 95.54% | 111.50% | 105.19% | 87.30% | 55.98% | 40.44% | 16.81% | 1.70% | 0.10% | -0.50% | 5.19% | 14.48% | 26.00% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $178,000K ÷ $1,557,000K
= 11.43%
Louisiana-Pacific Corp.'s return on equity (ROE) has displayed fluctuating trends over the past eight quarters. The ROE decreased from 11.43% in Q4 2023 to 7.40% in Q3 2023, indicating a decline in profitability relative to shareholders' equity. However, in Q2 2023, the ROE significantly improved to 15.44%, showing a positive turnaround. This positive momentum continued into Q1 2023, with ROE reaching 42.97%, highlighting a substantial increase in profitability.
Comparing the recent quarters to the same periods in the previous year, there has been a notable decline in ROE, as demonstrated by the figures from Q4 2022 (75.73%), Q3 2022 (94.57%), Q2 2022 (96.09%), and Q1 2022 (95.54%). This downward trend suggests a weakening ability of the company to generate profits from its shareholders' equity.
The varying ROE figures indicate fluctuations in the company's profitability and efficiency in utilizing shareholders' investments to generate earnings. Investors and stakeholders may need to closely monitor Louisiana-Pacific Corp.'s financial performance to assess its long-term sustainability and value creation.
Peer comparison
Dec 31, 2023