Crown Holdings Inc (CCK)
Return on equity (ROE)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 450,000 | 507,000 | 475,000 | 613,000 | 727,000 | -363,000 | -388,000 | -555,000 | -560,000 | 592,000 | 704,000 | 702,000 | 579,000 | 515,000 | 484,000 | 495,000 | 510,000 | 476,000 | 457,000 | 452,000 |
| Total stockholders’ equity | US$ in thousands | 2,410,000 | 2,341,000 | 2,235,000 | 2,030,000 | 1,849,000 | 1,666,000 | 1,739,000 | 1,820,000 | 1,912,000 | 2,444,000 | 2,262,000 | 2,377,000 | 2,198,000 | 1,909,000 | 1,815,000 | 1,664,000 | 1,713,000 | 1,619,000 | 1,294,000 | 1,134,000 |
| ROE | 18.67% | 21.66% | 21.25% | 30.20% | 39.32% | -21.79% | -22.31% | -30.49% | -29.29% | 24.22% | 31.12% | 29.53% | 26.34% | 26.98% | 26.67% | 29.75% | 29.77% | 29.40% | 35.32% | 39.86% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $450,000K ÷ $2,410,000K
= 18.67%
To analyze Crown Holdings, Inc.'s return on equity (ROE) based on the provided data, we observe fluctuations in ROE over the quarters.
The ROE trend for Crown Holdings, Inc. demonstrates significant variability, ranging from negative values to double-digit positive percentages. In Q1 2023, the ROE was at its peak at 30.20%, indicating a strong return on equity for the company. However, this figure declined in subsequent quarters, with Q4 2023 showing an ROE of 18.67%.
The negative ROE values recorded in Q3 and Q2 of 2022 suggest potential operational and financial challenges faced by the company during that period, impacting its profitability and shareholder value. The subsequent recovery in ROE highlights the company's efforts to address these issues and improve its financial performance.
It is essential for stakeholders to monitor Crown Holdings, Inc.'s ROE closely to assess the company's ability to generate profits from shareholders' equity efficiently. Further analysis of the underlying factors influencing ROE fluctuations, such as profitability, asset utilization, and financial leverage, would provide valuable insights into the company's financial health and performance.
Peer comparison
Dec 31, 2023