Bellring Brands LLC (BRBR)
Return on equity (ROE)
Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 246,500 | 165,500 | 82,300 | 27,600 | 23,500 |
Total stockholders’ equity | US$ in thousands | -205,900 | -323,500 | -376,200 | -3,062,800 | -2,182,600 |
ROE | — | — | — | — | — |
September 30, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $246,500K ÷ $-205,900K
= —
As the Return on Equity (ROE) for Bellring Brands LLC is not provided in the table, it is not possible to directly analyze the trend or specific value of this financial metric over the past five years. ROE is a key profitability ratio that indicates how efficiently a company is utilizing its equity to generate profits for shareholders.
To calculate ROE, it is necessary to have both net income and average shareholder's equity figures for each year. ROE is calculated as Net Income divided by Average Shareholder's Equity. Without these specific figures, a detailed analysis of Bellring Brands LLC's ROE trend and performance cannot be determined.
It is recommended to gather the necessary financial data to calculate the ROE for each year to evaluate the company's profitability and efficiency in generating returns for its shareholders. A consistent or improving ROE over the years would generally indicate that the company is effectively utilizing its equity to generate profits. Alternatively, a declining ROE trend could signify deteriorating profitability relative to shareholder's equity.
Peer comparison
Sep 30, 2024