Schneider National Inc (SNDR)
Return on equity (ROE)
Dec 31, 2024 | Sep 30, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 117,000 | 111,800 | 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 |
Total stockholders’ equity | US$ in thousands | 4,933,700 | 2,967,200 | 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 |
ROE | 2.37% | 3.77% | 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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $117,000K ÷ $4,933,700K
= 2.37%
Schneider National Inc's return on equity (ROE) has shown fluctuations over the past few years. Starting from March 31, 2020, with an ROE of 6.78%, there has been a gradual increase in their ROE, reaching a peak of 17.76% on June 30, 2022. This upward trend indicates that the company was able to generate higher profits relative to the shareholders' equity invested.
However, after June 30, 2022, Schneider National Inc's ROE started to decline. By the end of December 31, 2024, the ROE had dropped to 2.37%. This decrease in ROE suggests that the company's profitability relative to shareholders' equity diminished significantly during this period.
The decreasing trend in ROE from June 2022 to December 2024 could indicate various issues within the company such as inefficiencies in operations, declining profitability, or increased debt levels affecting the return to shareholders. It would be beneficial for stakeholders to further analyze the reasons behind this decline in ROE and take necessary actions to improve the company's profitability and efficiency.
Peer comparison
Dec 31, 2024