MasTec Inc (MTZ)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 162,788 | -49,949 | 33,354 | 328,831 | 322,848 |
| Total stockholders’ equity | US$ in thousands | 2,911,860 | 2,706,150 | 2,737,330 | 2,543,860 | 2,005,520 |
| ROE | 5.59% | -1.85% | 1.22% | 12.93% | 16.10% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $162,788K ÷ $2,911,860K
= 5.59%
MasTec Inc's return on equity (ROE) has shown a declining trend over the years based on the provided data.
- As of December 31, 2020, the ROE was at 16.10%, indicating that for every dollar of shareholder equity, the company generated a return of 16.10%.
- By December 31, 2021, the ROE decreased to 12.93%, showing a slight decline in the company's ability to generate profits from shareholders' equity.
- The trend worsened by December 31, 2022, with the ROE plummeting to 1.22%, suggesting a significant decrease in the company's profitability relative to shareholders' equity.
- A further decline was seen by December 31, 2023, with a negative ROE of -1.85%, indicating that the company was generating losses that exceeded the shareholders' equity.
- However, there was a slight improvement by December 31, 2024, with the ROE rising to 5.59%. Although an improvement from the previous year, it still remains below the levels seen in earlier years.
Overall, the fluctuating ROE figures reflect inconsistencies in MasTec Inc's ability to generate profits relative to the shareholders' equity, indicating potential volatility or challenges in the company's financial performance and efficiency in utilizing shareholders' investments.
Peer comparison
Dec 31, 2024