Saia Inc (SAIA)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 362,065 | 354,857 | 357,422 | 253,235 | 138,340 |
| Total stockholders’ equity | US$ in thousands | 2,311,270 | 1,941,490 | 1,579,340 | 1,220,330 | 961,288 |
| ROE | 15.67% | 18.28% | 22.63% | 20.75% | 14.39% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $362,065K ÷ $2,311,270K
= 15.67%
Saia Inc's return on equity (ROE) has shown a positive trend over the years, indicating efficient utilization of shareholders' equity to generate profits.
In 2020, the ROE was reported at 14.39%, showing a decent return to shareholders. Subsequently, there was a significant improvement in 2021, with ROE increasing to 20.75%, reflecting a more effective management of assets to generate earnings.
The trend continued to be favorable in 2022, as the ROE further increased to 22.63%, indicating a higher profitability and better performance in utilizing shareholders' equity. However, in 2023, there was a slight decline in ROE to 18.28%, although the company maintained a relatively strong performance compared to the base year.
By the end of 2024, the ROE decreased to 15.67%, signaling a decrease in the company's ability to generate profits from shareholders' equity compared to previous years. Despite the decrease, Saia Inc still managed to maintain a reasonable return on equity.
Overall, the fluctuation in ROE over the years suggests that Saia Inc's profitability and efficiency in utilizing shareholders' equity have been relatively stable, with some variations in performance. It is crucial for investors to further analyze the underlying factors driving these changes to make informed investment decisions.
Peer comparison
Dec 31, 2024