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Kelso Technologies (TSX:KLS) ROE % : 37.26% (As of Mar. 2025)


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What is Kelso Technologies ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Kelso Technologies's annualized net income for the quarter that ended in Mar. 2025 was C$2.36 Mil. Kelso Technologies's average Total Stockholders Equity over the quarter that ended in Mar. 2025 was C$6.34 Mil. Therefore, Kelso Technologies's annualized ROE % for the quarter that ended in Mar. 2025 was 37.26%.

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

TSX:KLS' s ROE % Range Over the Past 10 Years
Min: -74.31   Med: -18.68   Max: 33.05
Current: -56.92

During the past 13 years, Kelso Technologies's highest ROE % was 33.05%. The lowest was -74.31%. And the median was -18.68%.

TSX:KLS's ROE % is ranked worse than
97.23% of 976 companies
in the Transportation industry
Industry Median: 8.085 vs TSX:KLS: -56.92

Kelso Technologies ROE % Historical Data

The historical data trend for Kelso Technologies'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.

Kelso Technologies ROE % Chart

Kelso Technologies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.30 -23.97 -12.24 -21.41 -74.31

Kelso Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -33.55 -28.32 -19.71 -219.52 37.26

Competitive Comparison of Kelso Technologies's ROE %

For the Railroads subindustry, Kelso Technologies'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.


Kelso Technologies's ROE % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Kelso Technologies's ROE % distribution charts can be found below:

* The bar in red indicates where Kelso Technologies's ROE % falls into.


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Kelso Technologies ROE % Calculation

Kelso Technologies's annualized ROE % for the fiscal year that ended in Dec. 2024 is calculated as

ROE %=Net Income (A: Dec. 2024 )/( (Total Stockholders Equity (A: Dec. 2023 )+Total Stockholders Equity (A: Dec. 2024 ))/ count )
=-6.585/( (11.699+6.025)/ 2 )
=-6.585/8.862
=-74.31 %

Kelso Technologies's annualized ROE % for the quarter that ended in Mar. 2025 is calculated as

ROE %=Net Income (Q: Mar. 2025 )/( (Total Stockholders Equity (Q: Dec. 2024 )+Total Stockholders Equity (Q: Mar. 2025 ))/ count )
=2.364/( (6.025+6.663)/ 2 )
=2.364/6.344
=37.26 %

* 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 (Mar. 2025) net income data. ROE % is displayed in the 30-year financial page.


Kelso Technologies  (TSX:KLS) 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: Mar. 2025 )
=Net Income/Total Stockholders Equity
=2.364/6.344
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.364 / 18.136)*(18.136 / 9.617)*(9.617 / 6.344)
=Net Margin %*Asset Turnover*Equity Multiplier
=13.03 %*1.8858*1.5159
=ROA %*Equity Multiplier
=24.57 %*1.5159
=37.26 %

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: Mar. 2025 )
=Net Income/Total Stockholders Equity
=2.364/6.344
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2.364 / 2.9) * (2.9 / 2.292) * (2.292 / 18.136) * (18.136 / 9.617) * (9.617 / 6.344)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8152 * 1.2653 * 12.64 % * 1.8858 * 1.5159
=37.26 %

Note: The net income data used here is four times the quarterly (Mar. 2025) net income data. The Revenue data used here is four times the quarterly (Mar. 2025) 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.


Kelso Technologies ROE % Related Terms

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


Kelso Technologies Business Description

Traded in Other Exchanges
Address
305 - 1979 Old Okanagan Highway, West Kelowna, BC, CAN, V4T 3A4
Kelso Technologies Inc is a railway equipment supplier that produces and sells tank car service equipment used for the safe loading, unloading, and containment of hazardous materials during transport. The firm designs, engineers, markets, produces, and distributes various fuel valves, pressure relief valves, manway securement systems, and other related products designed to reduce the risk of environmental harm due to non-accidental events in the transportation of hazardous commodities via railroad tank cars. The company operates one business segment, which consists of the design, production, and distribution of various proprietary products for the rail sector. Geographically, it operates in the United States.
Executives
Frank Busch Director
Sameer Dnyaneshwar Uplenchwar Senior Officer
Jesse Van Crews Director
Richard Manning Lee Senior Officer
Kathy Love Senior Officer
James Richard Bond Director, Senior Officer
Anthony Andrukaitis Director, Senior Officer
Edward Paul Cass Director

Kelso Technologies Headlines

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