Schnitzer Steel Industries (SCHN) Return on Equity (ROE)

Price: $33.2
Market Cap: $906.73M
Avg Volume: 184.06K
Country: US
Industry: Steel
Sector: Basic Materials
Beta: 1.560096
52W Range: $25.96-36.64
Website: Schnitzer Steel Industries

Return on Equity (ROE) Summary

Schnitzer Steel Industries's ROE measures the return generated on shareholders' equity:

  • Annual: -2.84%
  • Quarterly: -4.02%
  • TTM: -7.20%

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 Schnitzer Steel Industries's profitability include:

  • ROIC (Return on Invested Capital) - measures how effectively the company uses its invested capital to generate profits:
    • Annual: -0.28%
    • Quarterly: -1.90%
    • TTM: -5.61%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: -1.50%
    • Quarterly: -1.94%
    • TTM: -3.68%
  • Profit Margin - indicates the profitability of the company relative to its revenue:
    • Annual: -0.89%
    • Quarterly: -5.47%
    • TTM: -2.28%

These metrics provide insights into Schnitzer Steel Industries'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

-2.84%

Quarterly ROE

-4.02%

TTM ROE

-7.20%

Schnitzer Steel Industries Historical ROE
35.56%35.56%23.49%23.49%11.42%11.42%-0.65%-0.65%-12.72%-12.72%-24.79%-24.79%-36.86%-36.86%ROE20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical ROIC
21.65%21.65%12.52%12.52%3.38%3.38%-5.75%-5.75%-14.89%-14.89%-24.02%-24.02%ROIC20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical ROA
14.16%14.16%7.23%7.23%0.31%0.31%-6.62%-6.62%-13.55%-13.55%-20.47%-20.47%ROA20152015201620162017201720182018201920192020202020212021202220222023202320242024

Schnitzer Steel Industries 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 -2.84% -0.28% -1.50% -0.89%
2022 17.69% 9.09% 9.24% 4.84%
2021 19.76% 12.18% 11.05% 5.99%
2020 -0.31% -4.40% -0.17% -0.12%
2019 8.08% 3.03% 4.85% 2.64%
2018 23.49% 21.65% 14.16% 6.62%
2017 8.34% 8.03% 4.77% 2.64%
2016 -3.90% -1.19% -2.18% -1.44%
2015 -36.86% -24.02% -20.47% -10.29%
2014 0.77% 1.52% 0.44% 0.23%

Related Metrics

Explore detailed financial metrics and analysis for SCHN.

Financial Analysis
Financial Statements Stock Forecast Price Target Technical Analysis Stock Splits Employee Count
Company Intelligence
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Income & Revenue
Earnings Revenue Revenue Growth Profit Net Income Profit Margin EBITDA Free Cash Flow Revenue Segments
Valuation
Valuation Market Cap Enterprise Value P/E Ratio PEG Ratio P/S Ratio P/B Ratio Book Value
Returns & Ratios
ROIC ROE ROA Current Ratio Quick Ratio Debt/Equity Ratio Earnings Per Share
Balance Sheet
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Dividends
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