Schneider National Inc (SNDR)

Return on equity (ROE)

		Jun 30, 2024	Mar 31, 2024	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
Net income (ttm)	US$ in thousands	116,800	159,000	238,500	321,200	411,400	463,700	457,800	481,800	466,000	442,700	405,400	348,200	282,700	222,700	211,700	190,700	165,900	153,900	147,000	175,900
Total stockholders’ equity	US$ in thousands	2,951,600	2,942,000	2,956,800	2,957,100	2,948,400	2,918,800	2,837,200	2,737,900	2,623,800	2,504,900	2,423,800	2,299,100	2,198,400	2,099,900	2,055,500	2,342,500	2,305,800	2,268,500	2,236,400	2,192,200
ROE		3.96%	5.40%	8.07%	10.86%	13.95%	15.89%	16.14%	17.60%	17.76%	17.67%	16.73%	15.15%	12.86%	10.61%	10.30%	8.14%	7.19%	6.78%	6.57%	8.02%

June 30, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $116,800K ÷ $2,951,600K
= 3.96%

Schneider National Inc's return on equity (ROE) has shown some fluctuations over the past few quarters. The ROE decreased from 8.02% in the fourth quarter of 2019 to 6.57% in the first quarter of 2020, before increasing to 7.19% in the second quarter of 2020. The ROE continued to rise steadily, reaching its peak at 17.76% in the second quarter of 2022, but then slightly declined in the subsequent quarters.

Overall, Schneider National Inc's ROE has been relatively volatile, with some periods of substantial growth followed by slight pullbacks. It is important for investors and stakeholders to closely monitor the company's performance and profitability to assess the sustainability of its returns to equity holders.