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SunCoke Energy (SunCoke Energy) ROE % : 9.03% (As of Dec. 2023)


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What is SunCoke Energy ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. SunCoke Energy's annualized net income for the quarter that ended in Dec. 2023 was $55 Mil. SunCoke Energy's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $611 Mil. Therefore, SunCoke Energy's annualized ROE % for the quarter that ended in Dec. 2023 was 9.03%.

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

SXC' s ROE % Range Over the Past 10 Years
Min: -31.91   Med: 5.34   Max: 33.2
Current: 9.55

During the past 13 years, SunCoke Energy's highest ROE % was 33.20%. The lowest was -31.91%. And the median was 5.34%.

SXC's ROE % is ranked better than
62.97% of 613 companies
in the Steel industry
Industry Median: 6.19 vs SXC: 9.55

SunCoke Energy ROE % Historical Data

The historical data trend for SunCoke 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.

SunCoke Energy ROE % Chart

SunCoke Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -31.91 0.77 8.98 18.58 9.58

SunCoke Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial 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 8.13 11.06 13.57 4.60 9.03

Competitive Comparison of SunCoke Energy's ROE %

For the Coking Coal subindustry, SunCoke 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.


SunCoke Energy's ROE % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, SunCoke Energy's ROE % distribution charts can be found below:

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



SunCoke Energy ROE % Calculation

SunCoke 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 )
=57.5/( (585.6+614.2)/ 2 )
=57.5/599.9
=9.58 %

SunCoke 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 )
=55.2/( (608.3+614.2)/ 2 )
=55.2/611.25
=9.03 %

* 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.


SunCoke Energy  (NYSE:SXC) 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
=55.2/611.25
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(55.2 / 2082.4)*(2082.4 / 1669.8)*(1669.8 / 611.25)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.65 %*1.2471*2.7318
=ROA %*Equity Multiplier
=3.3 %*2.7318
=9.03 %

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
=55.2/611.25
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (55.2 / 79.6) * (79.6 / 104.8) * (104.8 / 2082.4) * (2082.4 / 1669.8) * (1669.8 / 611.25)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6935 * 0.7595 * 5.03 % * 1.2471 * 2.7318
=9.03 %

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.


SunCoke Energy ROE % Related Terms

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


SunCoke Energy (SunCoke Energy) Business Description

Traded in Other Exchanges
Address
1011 Warrenville Road, Suite 600, Lisle, IL, USA, 60532
SunCoke Energy Inc operates as an independent producer of coke in the Americas. The company operates through three segments: Domestic Coke, Brazil Coke, and Logistics. It offers metallurgical and thermal coal. The company also provides handling and/or mixing services to steel, coke, electric utility, coal producing, and other manufacturing-based customers.
Executives
Phillip Michael Hardesty officer: Senior Vice President SUNCOKE ENERGY, INC., 1011 WARRENVILLE ROAD, STE 600, LISLE IL 60532
Andrei Alexander Mikhalevsky director 1011 WARRENVILLE ROAD, STE 600, LISLE IL 60532
Michael Ward Lewis director 2551 GLEN EAGLES DRIVE, OLYMPIA FIELDS IL 60461
Della Ratta Ralph M Jr director 1690 CHAGRIN RIVER ROAD, GATES MILLS OH 44040
Arthur F Anton director 29500 SOLON ROAD, SOLON OH 44139
Martha Z. Carnes director 6316 WINDFERN ROAD, HOUSTON TX 77040
Mark W. Marinko officer: SR VP, Chief Financial Officer C/O GREAT LAKES DREDGE & DOCK CORP., 2122 YORK ROAD, SUITE 200, OAK BROOK IL 60523
Katherine T Gates officer: Sr VP & General Counsel 1011 WARRENVILLE ROAD, SUITE 600, LISLE IL 60532
Bonnie M Edeus officer: Vice President & Controller 1011 WARRENVILLE ROAD, STE 600, LISLE IL 60532
James E Sweetnam director DANA HOLDING CORPORATION, 3939 TECHNOLOGY DRIVE, MAUMEE OH 43537
John W Rowe director
John F Quanci officer: Vice President, Technology and 1011 WARRENVILLE ROAD STE 600, LISLE IL 60532
Michael G Rippey director, officer: President and CEO C/O OLYMPIC STEEL, INC., 22901 MILLCREEK BLVD., HIGHLAND HILLS OH 44122
Susan R. Landahl director 24545 S. MOORMAN AVENUE, CHANNAHON IL 60410
Mangrove Partners Fund (cayman), Ltd. 10 percent owner MAPLES CORP. SVCS, PO BOX 309, UGLAND HOUSE, S. CHURCH STREET, GEORGE TOWN E9 KY1-1104

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