This study aims to examine the effect of Return on Asset (ROA), Current Ratio (CR), and Debt to Equity Ratio (DER) on Stock Return in energy sector companies listed on the Indonesia Stock Exchange for the 2021 - 2024 period. The data used in this study is secondary data obtained from the official website of the Indonesia Stock Exchange and Stockbit securities. This study uses a purposive sampling method, resulting in a total of 96 samples. Data analysis was performed using multiple linear regression methods with the help of the IBM SPSS version 25 application. The results of this study indicate that Return on Asset has a significant positive effect on Stock Return, while Current Ratio and Debt to Equity Ratio have no effect on Stock Return. The findings suggest that profitability remains a primary consideration for investors in the energy sector, whereas liquidity and solvency ratios do not significantly influence short-term stock price fluctuations during the observed period. This research provides insights for investors to prioritize profitability indicators when making investment decisions in the energy industry and serves as a reference for future studies to incorporate additional variables or expand the scope of the analysis to capture a broader understanding of market behavior.
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