Celsius Holdings Inc (CELH)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 145,074 | 226,801 | -187,282 | 3,937 | 8,524 |
| Total stockholders’ equity | US$ in thousands | 399,929 | 264,040 | 40,091 | 217,046 | 104,327 |
| ROE | 36.27% | 85.90% | -467.14% | 1.81% | 8.17% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $145,074K ÷ $399,929K
= 36.27%
Celsius Holdings Inc's return on equity (ROE) has demonstrated significant fluctuations over the period from December 31, 2020, to December 31, 2024.
In December 31, 2020, the ROE was 8.17%, indicating a moderate return generated on shareholders' equity. However, in the following year, December 31, 2021, the ROE dropped considerably to 1.81%, suggesting a decline in the company's ability to generate profit from equity investments during that period.
The most notable change occurred by December 31, 2022, when the ROE plunged to -467.14%, indicating that the company's net income was negative relative to shareholders' equity, which raises concerns about the financial health and operational efficiency of the company during that year.
The trend reversed positively by December 31, 2023, with an ROE of 85.90%, signifying a substantial improvement in the company's ability to generate profit from the shareholders' equity and indicating a strong performance that year.
By December 31, 2024, the ROE stood at 36.27%, continuing the positive trend from the previous year, although not as high as 2023. Overall, the ROE shows significant volatility in the company's performance over the analyzed period, suggesting fluctuations in profitability and operational efficiency.
Peer comparison
Dec 31, 2024