Par Pacific Holdings Inc (PARR)

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 -33,322 311,697 475,626 487,001 728,642 524,037 620,018 739,130 364,189 287,556 101,962 -156,121 -81,297 -221,301 -317,374 -248,976 -409,086 -241,729 -311,349 -242,620
Total stockholders’ equity US$ in thousands 1,191,300 1,254,030 1,265,780 1,311,340 1,335,420 1,071,260 919,311 887,993 644,537 546,892 278,729 125,917 265,700 253,502 169,692 276,067 246,274 379,940 392,476 430,388
ROE -2.80% 24.86% 37.58% 37.14% 54.56% 48.92% 67.44% 83.24% 56.50% 52.58% 36.58% -123.99% -30.60% -87.30% -187.03% -90.19% -166.11% -63.62% -79.33% -56.37%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-33,322K ÷ $1,191,300K
= -2.80%

Par Pacific Holdings Inc has experienced fluctuating return on equity (ROE) over the past few years. ROE was negative in the first half of 2020, indicating the company's profitability was insufficient to cover shareholders' investments. The trend continued through the end of 2021, with ROE hitting its lowest point in December 2021.

However, starting from June 2022, there was a notable turnaround in the company's ROE performance. The positive ROE figures in 2022 and 2023 suggest that Par Pacific Holdings Inc effectively utilized its equity to generate profits for shareholders. The company's ROE improved consistently during this period, peaking at 83.24% in March 2023.

Subsequently, ROE slightly decreased but remained positive through the end of 2024, indicating that Par Pacific Holdings Inc continued to generate healthy returns for its shareholders. The positive trend in ROE from 2022 to 2024 reflects the company's improved profitability and efficient use of shareholder equity. This positive trajectory may indicate a strengthening financial position and effective management strategies leading to increased shareholder value.