Cardinal Ethanol Llc (CRDE) Return on Equity ROE from the third quarter 2024 to third quarter 2023 and annually, average high and low, overall ranking from Jun 30 2024 to Jun 30 2023 - CSIMarket
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Cardinal Ethanol Llc  (CRDE)

Cardinal Ethanol Llc's ROE per quarter

Return on Equity, Quarterly Results, Trends, Rankings, Statistics


What is ROE for Cardinal Ethanol Llc in the third quarter 2024?
Cardinal Ethanol Llc achieved a return on average equity (ROE) of 19.26 % in its third quarter 2024, which is below Cardinal Ethanol Llc's average return on equity, which stands at 19.7%.

ROE fell compared to the second quarter 2024, despite the net income growth of % from the second quarter 2024.

Within the Chemical Manufacturing industry 9 other companies had a higher return on equity. While return on equity, the total ranking has deteriorated compared to the second quarter 2024 from 478 to 688.

What is ROE?




Return On Equity (Jun 30 2024)
III. Quarter
(Mar 31 2024)
II. Quarter
(Dec 31 2023)
I. Quarter
(Sep 30 2023)
IV. Quarter
(Jun 30 2023)
III. Quarter
Y / Y Equity Change 9.71 % 4.53 % 9.57 % 17.15 % -
Y / Y Net Income Change -62.25 % - -82.9 % 144.24 % -58.18 %
Net Income (TTM) in Millions 33 42 57 70 54
Return On Equity (TTM) 19.26 % 25.05 % 34.46 % 43.48 % 35.25 %
CRDE's Total Ranking # 688 # 478 # 346 # 226 # 338
Equity (TTM) in Millions 170 167 171 173 155
Seq. Equity Change 1.92 % -2.5 % -1.01 % 11.54 % -2.89 %
Seq. Net Income Change - - -89.6 % 82.97 % 6.06 %

Return On Equity Company Ranking
Within: No.
Industry # 10
Sector # 52
Overall # 688

Return On Equity Statistics
High Average Low
62.69 %
19.7 %
-7.67 %
(Jun 30 2022)   (Jun 30 2020)





CRDE Annual Return On Equity (Sep 30 2023)
2023
(Sep 30 2022)
2022
(Sep 30 2021)
2021
(Sep 30 2020)
2020
(Sep 30 2019)
2019
Total Equity in Millions 173 147 125 109 112
Y / Y Equity Change 17.15 % 18.06 % 14.49 % -2.97 % -6.7 %
Net Income in Millions 70 86 27 -1 -7
Y / Y Net Income Change -18.54 % 216.14 % - - -
Return On Equity 40.47 % 58.19 % 21.73 % -1.05 % -5.88 %





Annual Roe Comment
In 2023 ROE decreased compared to the previous year to 40.47 %, due to deterioration of net income.


More Return On Equity Ratios
Chemical Manufacturing Industry Roe Trends and Statistics
Basic Materials Sector Return On Equity Statistics
CRDE's' Return on Equity at Yahoo Finance
CRDE's Roe Ratio versus Chemical Manufacturing Industry, Basic Materials Sector and overall Market
Highest Ranking Return On Equity
Lowest Ranking Return On Equity
Subscribers only: Roe for CRDE's Competitors
Subscribers only: Roe for Cardinal Ethanol Llc's Suppliers
Subscribers only: Return On Equity for CRDE's Customers




Companies with similar Return On Equity at Jun 30 2024, within Basic Materials Sector ROE
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Louisiana pacific Corporation  28.10 %
Ati Inc   26.97 %
Sylvamo Corporation  26.97 %
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Graphic Packaging Holding Co  26.23 %
Celanese Corporation  26.00 %
Xpel Inc   25.76 %
Parker hannifin Corporation  25.52 %
Janus International Group Inc   25.06 %
Rpm International Inc   24.80 %
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Date modified: 2026-09-26T07:26:15+00:00



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