SunCoke Energy Inc (SXC)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 95,900 | 57,500 | 100,700 | 43,400 | 8,800 |
| Total stockholders’ equity | US$ in thousands | 680,200 | 614,200 | 585,600 | 498,100 | 469,000 |
| ROE | 14.10% | 9.36% | 17.20% | 8.71% | 1.88% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $95,900K ÷ $680,200K
= 14.10%
Based on the provided data, SunCoke Energy Inc's return on equity (ROE) has shown variability over the years. In December 31, 2020, the ROE was relatively low at 1.88%, indicating that the company's net income generated a modest return compared to its equity.
However, there was a noticeable improvement in performance by December 31, 2021, with the ROE increasing to 8.71%. This suggests that the company's profitability in relation to its equity improved significantly, reflecting better management of assets and liabilities to generate higher returns.
By December 31, 2022, SunCoke Energy Inc's ROE surged to 17.20%, indicating a substantial increase in profitability and efficiency in leveraging equity to generate returns. This could be attributed to effective cost management, revenue growth, or strategic investments that enhanced the company's overall performance.
In the subsequent years, the ROE remained above the initial levels but experienced some fluctuations. December 31, 2023, recorded an ROE of 9.36%, and by December 31, 2024, the ROE stood at 14.10%. These fluctuations suggest that SunCoke Energy Inc's performance was somewhat volatile during these periods, possibly due to changes in market conditions, internal operations, or other factors influencing profitability.
Overall, the trend in SunCoke Energy Inc's ROE indicates an improvement in the company's ability to generate returns on shareholders' equity over the years, with notable progress in enhancing profitability and efficiency. It is important for stakeholders to monitor these shifts in ROE to assess the company's financial health and performance over time.
Peer comparison
Dec 31, 2024