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CONSOL Energy (CONSOL Energy) ROE %

: 47.38% (As of Dec. 2023)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. CONSOL Energy's annualized net income for the quarter that ended in Dec. 2023 was $628 Mil. CONSOL Energy's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $1,326 Mil. Therefore, CONSOL Energy's annualized ROE % for the quarter that ended in Dec. 2023 was 47.38%.

The historical rank and industry rank for CONSOL Energy's ROE % or its related term are showing as below:

CEIX' s ROE % Range Over the Past 10 Years
Min: -1.97   Med: 17.99   Max: 52.28
Current: 50.97

During the past 10 years, CONSOL Energy's highest ROE % was 52.28%. The lowest was -1.97%. And the median was 17.99%.

CEIX's ROE % is ranked better than
91.28% of 172 companies
in the Other Energy Sources industry
Industry Median: 9.585 vs CEIX: 50.97

CONSOL Energy ROE % Historical Data

The historical data trend for CONSOL Energy's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CONSOL Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.99 -1.97 5.56 50.80 52.28

CONSOL Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 74.16 75.33 51.29 30.48 47.38

Competitive Comparison

For the Thermal Coal subindustry, CONSOL Energy's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CONSOL Energy ROE % Distribution

For the Other Energy Sources industry and Energy sector, CONSOL Energy's ROE % distribution charts can be found below:

* The bar in red indicates where CONSOL Energy's ROE % falls into.



CONSOL Energy ROE % Calculation

CONSOL Energy's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=655.892/( (1165.826+1343.442)/ 2 )
=655.892/1254.634
=52.28 %

CONSOL Energy's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=628.268/( (1308.79+1343.442)/ 2 )
=628.268/1326.116
=47.38 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


CONSOL Energy  (NYSE:CEIX) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=628.268/1326.116
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(628.268 / 2537.396)*(2537.396 / 2667.259)*(2667.259 / 1326.116)
=Net Margin %*Asset Turnover*Equity Multiplier
=24.76 %*0.9513*2.0113
=ROA %*Equity Multiplier
=23.55 %*2.0113
=47.38 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=628.268/1326.116
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (628.268 / 715.392) * (715.392 / 741.416) * (741.416 / 2537.396) * (2537.396 / 2667.259) * (2667.259 / 1326.116)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8782 * 0.9649 * 29.22 % * 0.9513 * 2.0113
=47.38 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


CONSOL Energy ROE % Related Terms

Thank you for viewing the detailed overview of CONSOL Energy's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


CONSOL Energy (CONSOL Energy) Business Description

Traded in Other Exchanges
Address
275 Technology Drive, Suite 101, Canonsburg, PA, USA, 15317-9565
CONSOL Energy Inc is a producer and exporter of high-BTU bituminous thermal coal. It owns and operates longwall mining operations in the nation and export terminals on the Eastern seaboard. The principal activity involves mining, preparation, and marketing of thermal coal, sold to power generators. Its operating segment includes PAMC (Pennsylvania Mining Complex); CONSOL Marine Terminal and Other. The company generates maximum revenue from the PAMC segment.
Executives
James A Brock director, officer: Chief Executive Officer 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Martha A Wiegand officer: General Counsel & Secretary 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Platt Joseph P Jr director HENRY W. OLIVER BLDG., 535 SMITHFIELD ST., PITTSBURGH PA 15222
John T Mills director MARATHON OIL CORP, 5555 SAN FELIPE ROAD, HOUSTON TX 77056
Kurt R. Salvatori officer: Chief Administrative Officer 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Valli Perera director C/O CONSOL ENERGY INC., 275 TECHNOLOGY DRIVE SUITE 101, CANONSBURG PA 15317
Cassandra Chia-wei Pan director C/O CONSOL ENERGY INC., 275 TECHNOLOGY DRIVE, SUITE 101, CANONSBURG PA 15317
John Rothka officer: Chief Accounting Officer 2970 HENDERSON AVENUE, WASHINGTON PA 15301
Sophie Bergeron director 1000 CONSOL ENERGY DRIVE, SUITE 100, CANONSBURG PA 15317
Dme Capital Management, Lp other: Former 10% Owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Dme Advisors Gp, L.l.c. other: Former 10% Owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Dme Advisors, Lp other: Former 10% Owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Greenlight Capital Inc other: Former 10% Owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
David Einhorn other: Former 10% Owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Matthew T Wood 10 percent owner 60 CHARLOTTE STREET, LONDON W1T 2NU X0 00000