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