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Portland General Electric Co (Portland General Electric Co) ROE %

: 8.22% (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. Portland General Electric Co's annualized net income for the quarter that ended in Dec. 2023 was $272 Mil. Portland General Electric Co's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $3,307 Mil. Therefore, Portland General Electric Co's annualized ROE % for the quarter that ended in Dec. 2023 was 8.22%.

The historical rank and industry rank for Portland General Electric Co's ROE % or its related term are showing as below:

POR' s ROE % Range Over the Past 10 Years
Min: 5.96   Med: 8.4   Max: 9.38
Current: 7.26

During the past 13 years, Portland General Electric Co's highest ROE % was 9.38%. The lowest was 5.96%. And the median was 8.40%.

POR's ROE % is ranked worse than
58.48% of 513 companies
in the Utilities - Regulated industry
Industry Median: 8.93 vs POR: 7.26

Portland General Electric Co ROE % Historical Data

The historical data trend for Portland General Electric Co'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.

Portland General Electric Co 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 8.40 5.96 9.17 8.49 7.48

Portland General Electric Co 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 7.37 10.05 4.94 5.79 8.22

Competitive Comparison

For the Utilities - Regulated Electric subindustry, Portland General Electric Co'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.


Portland General Electric Co ROE % Distribution

For the Utilities - Regulated industry and Utilities sector, Portland General Electric Co's ROE % distribution charts can be found below:

* The bar in red indicates where Portland General Electric Co's ROE % falls into.



Portland General Electric Co ROE % Calculation

Portland General Electric Co'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 )
=228/( (2779+3319)/ 2 )
=228/3049
=7.48 %

Portland General Electric Co'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 )
=272/( (3295+3319)/ 2 )
=272/3307
=8.22 %

* 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.


Portland General Electric Co  (NYSE:POR) 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
=272/3307
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(272 / 2900)*(2900 / 10905.5)*(10905.5 / 3307)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.38 %*0.2659*3.2977
=ROA %*Equity Multiplier
=2.49 %*3.2977
=8.22 %

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
=272/3307
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (272 / 332) * (332 / 452) * (452 / 2900) * (2900 / 10905.5) * (10905.5 / 3307)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8193 * 0.7345 * 15.59 % * 0.2659 * 3.2977
=8.22 %

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.


Portland General Electric Co ROE % Related Terms

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Portland General Electric Co (Portland General Electric Co) Business Description

Traded in Other Exchanges
Address
121 South West Salmon Street, Portland, OR, USA, 97204
Portland General Electric is a regulated electric utility providing generation, transmission, and distribution services to 926,000 customers across a service territory that includes about half of all Oregon residents and two thirds of the state's business activity. The company owns (wholly or through joint ventures) 3.3 gigawatts of gas, coal, wind, and hydro generation.
Executives
Anne Frances Mersereau officer: Vice President 121 SW SALMON STREET, PORTLAND OR 97204
Marie Oh Huber director C/O EBAY INC., 2025 HAMILTON AVENUE, SAN JOSE CA 95125
Michael A Lewis director 77 BEALE ST, P.O. BOX 770000, SAN FRANCISCO CA 94177
Michael Millegan director C/O WIRELESS TELECOM GROUP, INC., 25 EASTMANS RD., PARSIPPANY NJ 07054
Kathryn Jean Jackson director 121 SW SALMON STREET, PORTLAND OR 97204
Patricia Salas Pineda director C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
Dawn L Farrell director C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19898
James P Torgerson director C/O UIL HOLDINGS CORPORATION, 157 CHURCH STREET, NEW HAVEN CT 06510
Trpik Joseph R Jr officer: SVP, Finance CFO 10 S DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
John Teeruk Kochavatr officer: Vice President, CIO 121 SW SALMON STREET, PORTLAND OR 97204
Benjamin Felton officer: EVP, COO 121 SW SALMON STREET, PORTLAND OR 97204
Brett Michael Sims officer: Vice President 121 SW SALMON ST., PORTLAND OR 97204
Larry Neal Bekkedahl officer: Sr. Vice President 121 SW SALMON STREET, PORTLAND OR 97204
Maria Angelica Espinosa officer: V. P., General Counsel 121 SW SALMON ST., PORTLAND OR 97204
James A Ajello officer: Sr. VP, CFO, Treasurer C/O HEI, P.O. BOX 730, HONOLULU HI 96808