Blackrock Energy And Resources(Bgr) Financials: Return On Equity Compared To Industry Average, Plus Other Key Ratios

Profitability Trend (Last 5 Years)

Profitability - return on equity

This chart shows the historical trend of return on equity for BGR compared to its industry average over the recent years.

Ratio Definition and Interpretation

Name: Return on Equity (ROE)

Definition: ROE shows how much profit the company earns for its shareholders based on their invested equity. It’s one of the most watched profitability ratios. A consistently high ROE signals strong management and efficient use of shareholder capital. But artificially high ROE may sometimes be boosted by excessive debt.

Interpretation:
• In '2021', BGR's return on equity was 28.3%, measuring profitability for shareholders. Industry average for Trusts Except Educational Religious and Charitable in '2021' stood at 13.0%.
• In '2022', BGR's return on equity was 32.0%, measuring profitability for shareholders. The increase since '2021' reflects strengthening financial performance. Industry average for Trusts Except Educational Religious and Charitable in '2022' stood at -13.5%. Industry average declined by 26.5% from previous year.
• In '2023', BGR's return on equity was 4.7%, measuring profitability for shareholders. The decline from '2022' may indicate some operational or financial challenges. Industry average for Trusts Except Educational Religious and Charitable in '2023' stood at 8.3%. Industry average increased by 21.8% compared to previous year.
• In '2024', BGR's return on equity was 3.8%, measuring profitability for shareholders. The decline from '2023' may indicate some operational or financial challenges. Industry average for Trusts Except Educational Religious and Charitable in '2024' stood at 11.5%. Industry average increased by 3.2% compared to previous year.
Overall, BGR's return on equity has been volatile but showed a downward trend over the past 4 years.

Formula: ROE = Net Income / Shareholders' Equity

Good Range: 10%-20% desirable for many industries.