KLX Energy Services Holdings Return on Equity (ROE) Growth & History (KLXE)
KLX Energy Services Holdings's return on equity was −374.56% for fiscal 2024.
View full KLX Energy Services Holdings company overviewKLX Energy Services Holdings annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-12-31 | −374.56% | −541.51 pp |
| 2023 | 2023-12-31 | 166.96% | — |
| 2020 | 2021-01-31 | −192.97% | −163.44 pp |
| 2019 | 2020-01-31 | −29.53% | −34.62 pp |
| 2018 | 2019-01-31 | 5.09% | +17.07 pp |
| 2017 | 2018-01-31 | −11.97% | — |
KLX Energy Services Holdings quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q3 2024 | 2024-09-30 | −133.33% | −150.70 pp |
| Q2 2024 | 2024-06-30 | −59.93% | −93.85 pp |
| Q1 2024 | 2024-03-31 | −79.71% | −240.40 pp |
| Q4 2023 | 2023-12-31 | −21.25% | — |
| Q3 2023 | 2023-09-30 | 17.37% | — |
| Q2 2023 | 2023-06-30 | 33.93% | — |
| Q1 2023 | 2023-03-31 | 160.68% | — |
| Q1 2021 | 2021-04-30 | −249.49% | −121.65 pp |
| Q4 2020 | 2021-01-31 | −64.68% | −56.85 pp |
| Q3 2020 | 2020-10-31 | −47.40% | −28.14 pp |
| Q2 2020 | 2020-07-31 | −24.31% | −25.21 pp |
| Q1 2020 | 2020-04-30 | −127.85% | −126.47 pp |
| Q4 2019 | 2020-01-31 | −7.83% | −9.30 pp |
| Q3 2019 | 2019-10-31 | −19.26% | −15.87 pp |
| Q2 2019 | 2019-07-31 | 0.89% | −4.78 pp |
| Q1 2019 | 2019-04-30 | −1.37% | — |
| Q4 2018 | 2019-01-31 | 1.46% | — |
| Q3 2018 | 2018-10-31 | −3.40% | — |
| Q2 2018 | 2018-07-31 | 5.67% | — |
KLX Energy Services Holdings return on equity trends
Between the periods ended 2018-01-31 and 2024-12-31, KLX Energy Services Holdings's return on equity decreased from −11.97% to −374.56%, a change of −362.59 percentage points. The latest reported quarter, Q3 2024, shows −133.33%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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