Celsius Holdings Inc (CELH)
Return on equity (ROE)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 145,074 | 214,066 | 291,659 | 263,385 | 226,801 | 155,462 | -110,383 | -152,734 | -187,282 | -154,117 | 18,408 | 10,030 | 3,936 | -6,340 | 7,785 | 8,563 | 8,524 | 5,685 | 1,892 | -1,139 |
| Total stockholders’ equity | US$ in thousands | 399,929 | 423,626 | 415,754 | 338,191 | 264,040 | 213,347 | 131,062 | 81,035 | 40,091 | 59,449 | 239,873 | 228,354 | 217,046 | 197,398 | 186,838 | 109,011 | 104,327 | 99,202 | 68,620 | 65,506 |
| ROE | 36.27% | 50.53% | 70.15% | 77.88% | 85.90% | 72.87% | -84.22% | -188.48% | -467.14% | -259.24% | 7.67% | 4.39% | 1.81% | -3.21% | 4.17% | 7.86% | 8.17% | 5.73% | 2.76% | -1.74% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $145,074K ÷ $399,929K
= 36.27%
Celsius Holdings Inc experienced fluctuations in its return on equity (ROE) from Q1 2020 to Q4 2024, reflecting changes in the company's profitability relative to its shareholders' equity. The ROE started at a negative figure in March 2020 but gradually improved over time, reaching a peak of 85.90% in December 2023.
However, in the following quarters, ROE declined significantly, dropping to negative percentages in Q1 2022, Q2 2022, Q3 2022, and Q4 2022, indicating that the company's profitability was insufficient to generate a positive return for shareholders.
The ROE rebounded in Q1 2023 and continued to increase through Q4 2024, signifying enhanced profitability relative to shareholder equity. The positive trend in ROE from Q1 2023 to Q4 2024 suggests that Celsius Holdings Inc was effectively utilizing its equity to generate returns for its shareholders.
The substantial fluctuations in ROE demonstrate the company's varying ability to generate profits from its equity base. It is essential for investors and stakeholders to closely monitor these changes to assess the company's financial performance and management efficiency over time.
Peer comparison
Dec 31, 2024