REX American Resources Corporation (REX)
Return on equity (ROE)
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 58,167 | 60,935 | 27,697 | 52,364 | 3,001 |
| Total stockholders’ equity | US$ in thousands | 560,337 | 513,918 | 447,982 | 430,792 | 384,783 |
| ROE | 10.38% | 11.86% | 6.18% | 12.16% | 0.78% |
January 31, 2025 calculation
ROE = Net income ÷ Total stockholders’ equity
= $58,167K ÷ $560,337K
= 10.38%
The return on equity (ROE) of REX American Resources Corporation has shown fluctuations over the past five years. Starting at a low of 0.78% in January 2021, the ROE experienced significant growth to reach 12.16% in January 2022. However, there was a decline in ROE to 6.18% in January 2023, followed by an increase to 11.86% in January 2024. The most recent data point shows the ROE at 10.38% in January 2025.
The varying trend in ROE indicates that the company's ability to generate profits from shareholders' equity has been somewhat volatile. It is essential for stakeholders to further analyze the factors contributing to these fluctuations to assess the company's financial performance and sustainability.
Peer comparison
Jan 31, 2025