UNITIL Corporation (UTL)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 47,100 | 45,200 | 41,400 | 36,100 | 32,200 |
| Total stockholders’ equity | US$ in thousands | 512,500 | 489,300 | 467,600 | 448,500 | 389,200 |
| ROE | 9.19% | 9.24% | 8.85% | 8.05% | 8.27% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $47,100K ÷ $512,500K
= 9.19%
UNITIL Corporation's Return on Equity (ROE) has shown a fluctuating trend over the past five years, with values as follows:
- December 31, 2020: 8.27%
- December 31, 2021: 8.05%
- December 31, 2022: 8.85%
- December 31, 2023: 9.24%
- December 31, 2024: 9.19%
The ROE indicates the company's efficiency in generating profits from its shareholders' equity. Despite some fluctuations, UNITIL Corporation has managed to maintain a relatively stable ROE, showcasing a positive trend overall. The increasing trend seen from 2020 to 2024 suggests that the company has been able to improve its profitability relative to its equity base. This indicates that UNITIL Corporation has been effectively utilizing its equity to generate returns for its shareholders. An upward trend in ROE is generally viewed positively by investors and indicates a stronger financial performance and management efficiency.
Peer comparison
Dec 31, 2024