NorthWestern Corporation (NWE)
Return on equity (ROE)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | ||
|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 224,111 | 226,701 | 209,217 |
| Total stockholders’ equity | US$ in thousands | 2,857,700 | 2,816,460 | 2,807,260 |
| ROE | 7.84% | 8.05% | 7.45% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $224,111K ÷ $2,857,700K
= 7.84%
Based on the provided data, NorthWestern Corporation's return on equity (ROE) for the second quarter of 2024 was 7.45%, which increased to 8.05% in the third quarter and then slightly decreased to 7.84% by the end of the year.
The fluctuation in ROE over the quarters indicates changes in how efficiently the company is generating profits from its shareholders' equity. Generally, an increasing ROE suggests that the company is effectively utilizing its equity to generate profits for its shareholders.
While the overall trend shows some variability in ROE, it is essential to compare these figures with industry benchmarks and historical performance to gain a better understanding of NorthWestern Corporation's return on equity performance. Additionally, further analysis of the company's financial statements and operational activities would provide more insights into the factors contributing to these changes in ROE.
Peer comparison
Dec 31, 2024