Portland General Electric Co (POR)

Return on equity (ROE)

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Net income (ttm) US$ in thousands 228,000 211,000 222,000 247,000 233,000 248,000 240,000 208,000 244,000 230,000 163,000 170,000 155,000 164,000 236,000 222,000 214,000 202,000 200,000 221,000
Total stockholders’ equity US$ in thousands 3,319,000 3,295,000 3,200,000 3,112,000 2,779,000 2,760,000 2,738,000 2,709,000 2,707,000 2,675,000 2,661,000 2,675,000 2,613,000 2,595,000 2,646,000 2,638,000 2,591,000 2,564,000 2,542,000 2,548,000
ROE 6.87% 6.40% 6.94% 7.94% 8.38% 8.99% 8.77% 7.68% 9.01% 8.60% 6.13% 6.36% 5.93% 6.32% 8.92% 8.42% 8.26% 7.88% 7.87% 8.67%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $228,000K ÷ $3,319,000K
= 6.87%

Portland General Electric Co's return on equity (ROE) has shown fluctuations over the past eight quarters, ranging from 6.40% to 8.99%. The company experienced a declining trend in ROE from Q4 2022 to Q3 2023, with the lowest ROE of 6.40% recorded in Q3 2023. However, in Q1 2023, there was a slight increase in ROE to 7.94%.

Overall, the ROE values suggest that Portland General Electric Co has been able to generate modest returns on its equity investment during the period under consideration. The company's ability to maintain positive ROE figures indicates efficiency in utilizing shareholder equity to generate profits, although the fluctuating trend may warrant further analysis of the company's financial performance and strategic decisions.


Peer comparison

Dec 31, 2023