Portland General Electric Co (POR)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 313,000 | 228,000 | 233,000 | 244,000 | 13,000 |
| Total stockholders’ equity | US$ in thousands | 3,794,000 | 3,319,000 | 2,779,000 | 2,707,000 | 2,613,000 |
| ROE | 8.25% | 6.87% | 8.38% | 9.01% | 0.50% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $313,000K ÷ $3,794,000K
= 8.25%
Portland General Electric Co's return on equity (ROE) has shown a significant improvement over the years, starting at a low of 0.50% on December 31, 2020, and steadily increasing to 9.01% on December 31, 2021, and 8.38% on December 31, 2022. However, there was a slight decline to 6.87% on December 31, 2023, before rebounding to 8.25% on December 31, 2024.
This trend indicates that the company has been effectively utilizing its equity to generate profits for shareholders, with a notable jump in ROE in 2021 and 2022. Despite the dip in 2023, the company managed to recover and achieve a strong ROE in 2024. Overall, the company's ROE performance suggests a reasonable level of profitability and efficiency in using shareholders' equity to generate returns.
Peer comparison
Dec 31, 2024