UNITIL Corporation (UTL)
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 | 47,100 | 47,000 | 48,400 | 48,300 | 45,200 | 44,200 | 43,300 | 44,000 | 41,400 | 41,400 | 40,900 | 38,700 | 36,100 | 35,200 | 35,500 | 35,900 | 32,200 | 30,000 | 32,000 | 32,900 |
| Total stockholders’ equity | US$ in thousands | 512,500 | 502,400 | 508,800 | 510,800 | 489,300 | 479,800 | 484,400 | 486,400 | 467,600 | 458,800 | 464,300 | 465,300 | 448,500 | 439,600 | 400,800 | 403,300 | 389,200 | 380,800 | 385,700 | 387,900 |
| ROE | 9.19% | 9.36% | 9.51% | 9.46% | 9.24% | 9.21% | 8.94% | 9.05% | 8.85% | 9.02% | 8.81% | 8.32% | 8.05% | 8.01% | 8.86% | 8.90% | 8.27% | 7.88% | 8.30% | 8.48% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $47,100K ÷ $512,500K
= 9.19%
From the data provided, UNITIL Corporation's Return on Equity (ROE) has shown fluctuations over the quarters from March 31, 2020, to December 31, 2024. The ROE started at 8.48% in March 2020, decreased slightly in the following quarters, reaching a low of 7.88% in September 2020, before gradually increasing again.
There were fluctuations with the ROE hovering around the 8% mark in 2021 and 2022, with peaks at 9.02% in September 2022 and 9.24% in December 2023. The ROE experienced a slight dip in September 2024 to 9.36% and declined further to 9.19% in December 2024.
Overall, UNITIL Corporation has maintained a relatively stable ROE during the period, with some variability reflecting potential changes in profitability and shareholder equity. The company's ability to generate profits relative to shareholder equity, as indicated by the ROE, is crucial for investors and stakeholders in assessing the firm's efficiency in utilizing equity to generate returns. Further analysis would be needed to understand the driving factors behind the fluctuations in ROE and their implications for the company's financial performance and shareholder value.
Peer comparison
Dec 31, 2024