Euronav NV (EURN) Return on Equity (ROE)

Price: $16.74
Market Cap: $3.25B
Avg Volume: 275.87K
Country: BE
Industry: Oil & Gas Midstream
Sector: Energy
Beta: -0.242
52W Range: $14.1-21.26
Website: Euronav NV

Return on Equity (ROE) Summary

Euronav NV's ROE measures the return generated on shareholders' equity:

  • Annual: 36.43%
  • Quarterly: 25.52%
  • TTM: 55.26%

What is Return on Equity (ROE)?

Return on Equity measures a company's ability to generate profits from its shareholders' equity. It indicates how effectively the management is using the company’s assets to create profits. A higher ROE generally reflects well on the company’s management and its ability to generate profits without needing as much capital.

Related Metrics

Other important metrics to assess Euronav NV's profitability include:

  • ROIC (Return on Invested Capital) - measures how effectively the company uses its invested capital to generate profits:
    • Annual: 17.73%
    • Quarterly: 14.48%
    • TTM: 26.93%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: 25.11%
    • Quarterly: 13.23%
    • TTM: 31.46%
  • Profit Margin - indicates the profitability of the company relative to its revenue:
    • Annual: 68.04%
    • Quarterly: 206.03%
    • TTM: 102.91%

These metrics provide insights into Euronav NV's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual ROE

36.43%

Quarterly ROE

25.52%

TTM ROE

55.26%

Euronav NV Historical ROE
36.43%36.43%25.69%25.69%14.94%14.94%4.20%4.20%-6.54%-6.54%-17.28%-17.28%ROE20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical ROIC
17.73%17.73%12.78%12.78%7.82%7.82%2.87%2.87%-2.08%-2.08%-7.04%-7.04%ROIC20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical ROA
25.11%25.11%18.29%18.29%11.47%11.47%4.65%4.65%-2.17%-2.17%-8.99%-8.99%ROA20152015201620162017201720182018201920192020202020212021202220222023202320242024

Euronav NV Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2023.

Year ROE ROIC ROA Profit Margin
2023 36.43% 17.73% 25.11% 68.04%
2022 9.35% 7.49% 5.12% 23.78%
2021 -17.28% -7.04% -8.99% -80.71%
2020 20.47% 14.84% 12.84% 38.45%
2019 4.85% 4.79% 2.69% 12.04%
2018 -4.87% -1.85% -2.67% -18.34%
2017 0.07% 0.47% 0.05% 0.27%
2016 10.81% 7.01% 6.70% 29.82%
2015 18.37% 11.68% 11.51% 41.36%
2014 -3.11% 0.36% -1.48% -9.66%

Related Metrics

Explore detailed financial metrics and analysis for EURN.