Southwestern Energy Company (SWN)
Return on equity (ROE)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,557,000 | 1,849,000 | -25,000 | -3,112,000 | 891,000 |
| Total stockholders’ equity | US$ in thousands | 5,888,000 | 4,324,000 | 2,547,000 | 497,000 | 3,246,000 |
| ROE | 26.44% | 42.76% | -0.98% | -626.16% | 27.45% |
December 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $1,557,000K ÷ $5,888,000K
= 26.44%
Southwestern Energy Company's return on equity (ROE) has shown significant fluctuations over the past five years. In 2023, the ROE stands at 26.44%, reflecting a decrease from the previous year's 42.76%. The ROE was negative in 2021 at -0.98%, indicating that the company's net income was insufficient to generate a positive return for shareholders. The most notable decline was in 2020, where the ROE plummeted to -626.16%, signifying substantial losses relative to shareholders' equity. However, the company rebounded in 2019 with an ROE of 27.45%, indicating a relatively strong performance that year. Overall, Southwestern Energy Company's ROE has displayed volatility, suggesting fluctuations in profitability and efficiency in utilizing shareholder equity over the years.
Peer comparison
Dec 31, 2023