Wabash National Corporation (WNC)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -284,071 | 231,252 | 112,258 | 1,164 | -97,412 |
| Total stockholders’ equity | US$ in thousands | 188,830 | 549,496 | 397,613 | 325,539 | 404,879 |
| ROE | -150.44% | 42.08% | 28.23% | 0.36% | -24.06% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $-284,071K ÷ $188,830K
= -150.44%
Wabash National Corporation's Return on Equity (ROE) shows a significant fluctuation over the years. In 2020, the company experienced a negative ROE of -24.06%, indicating that the company was not generating sufficient profits relative to its shareholder equity. However, there was a notable improvement in 2021 with an ROE of 0.36%, suggesting a slight recovery.
By 2022, Wabash National Corporation demonstrated a substantial increase in ROE to 28.23%, reflecting a significant improvement in profitability and efficiency in utilizing shareholder equity. This positive trend continued into 2023, with the company achieving an impressive ROE of 42.08%, indicating strong returns for its shareholders.
Nonetheless, by 2024, the company experienced a sharp decline in ROE, with a negative value of -150.44%, raising concerns about profitability and operational performance. This negative ROE may indicate issues such as losses exceeding shareholder equity or financial mismanagement.
Overall, while there have been fluctuations in Wabash National Corporation's ROE over the years, it is vital for stakeholders to closely monitor the company's financial performance and management practices to ensure sustained and healthy returns on equity.