Northwest Natural Gas Co (NWN)

Return on equity (ROE)

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Net income (ttm) US$ in thousands 78,509 78,509 81,989 86,020 93,868 97,164 101,264 101,735 86,303 78,895 77,827 75,388 78,666 90,185 92,928 88,800 76,781 61,474 60,085 66,032
Total stockholders’ equity US$ in thousands 1,385,370 1,219,890 1,346,720 1,343,390 1,283,840 1,219,540 1,240,280 1,248,310 1,175,440 1,120,860 1,138,780 987,944 935,146 891,461 922,826 936,324 888,733 852,775 884,001 901,741
ROE 5.67% 6.44% 6.09% 6.40% 7.31% 7.97% 8.16% 8.15% 7.34% 7.04% 6.83% 7.63% 8.41% 10.12% 10.07% 9.48% 8.64% 7.21% 6.80% 7.32%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $78,509K ÷ $1,385,370K
= 5.67%

Northwest Natural Gas Co's return on equity (ROE) has shown fluctuation over the past several quarters. The ROE increased from 7.32% in March 2020 to a peak of 10.12% in September 2021. However, there was a subsequent decline in ROE, reaching 5.67% by December 2024. The downward trend in ROE over the latter part of the period indicates a potential decrease in profitability relative to shareholders' equity.

It is important for stakeholders to closely monitor the factors contributing to the changes in ROE, such as the company's profitability, efficiency in asset utilization, leverage, and overall management effectiveness. Further analysis and comparison with industry peers can provide additional insights into Northwest Natural Gas Co's performance and competitiveness in the market.