Range Resources Corp (RRC)

Return on equity (ROE)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	266,340	871,142	1,183,370	411,778	-711,777
Total stockholders’ equity	US$ in thousands	3,936,660	3,765,550	2,876,010	2,085,660	1,637,540
ROE		6.77%	23.13%	41.15%	19.74%	-43.47%

December 31, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $266,340K ÷ $3,936,660K
= 6.77%

Range Resources Corp's return on equity (ROE) has shown significant fluctuations over the past five years. In December 31, 2020, the ROE was at a negative rate of -43.47%, indicating that the company's net income was insufficient to generate a positive return for its shareholders based on the equity invested.

However, there has been a notable improvement in ROE since then. By December 31, 2021, Range Resources Corp's ROE increased to 19.74%, signaling a recovery in profitability and efficiency in generating returns for shareholders. This positive trend continued into December 31, 2022, with ROE further rising to 41.15%, reflecting strong performance and effective utilization of equity.

In the subsequent years, Range Resources Corp experienced a slight decline in ROE. By December 31, 2023, the ROE stood at 23.13%, indicating a dip from the previous year but still demonstrating satisfactory returns on equity for investors. By December 31, 2024, the ROE decreased further to 6.77%, suggesting a potential challenge in maintaining previous levels of profitability.

Overall, Range Resources Corp's ROE performance has shown both resilience and fluctuations over the years, with positive improvements followed by some fluctuations in returns. It is essential for stakeholders to monitor these trends closely to assess the company's ability to generate returns on the equity invested and to make informed investment decisions.