Church & Dwight Company Inc (CHD)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,057,400 | 642,900 | 641,000 | 609,000 | 597,800 | 972,600 | 1,020,100 | 1,057,200 | 1,079,100 | 1,093,300 | 1,065,700 | 1,017,700 | 1,029,700 | 1,034,300 | 977,300 | 914,000 | 840,200 | 838,400 | 825,800 | 812,200 |
| Total assets | US$ in thousands | 8,569,200 | 8,702,200 | 8,511,000 | 8,266,600 | 8,345,600 | 8,287,800 | 8,444,800 | 7,941,200 | 7,996,500 | 7,382,000 | 7,368,500 | 7,380,900 | 7,414,500 | 7,077,000 | 6,919,000 | 7,485,900 | 6,657,400 | 6,610,100 | 6,662,600 | 5,960,600 |
| Operating ROA | 12.34% | 7.39% | 7.53% | 7.37% | 7.16% | 11.74% | 12.08% | 13.31% | 13.49% | 14.81% | 14.46% | 13.79% | 13.89% | 14.61% | 14.12% | 12.21% | 12.62% | 12.68% | 12.39% | 13.63% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,057,400K ÷ $8,569,200K
= 12.34%
To analyze the operating return on assets (ROA) of Church & Dwight Co., Inc., we can observe fluctuations in the operating ROA over the past eight quarters.
The operating ROA has displayed some variability, ranging from a low of 7.16% in Q4 2022 to a peak of 13.31% in Q2 2022. In the most recent quarter, Q4 2023, the operating ROA stood at 12.34%, indicating a strong performance relative to previous quarters.
The trend in operating ROA suggests that the company has generally been able to generate a favorable return on its assets over the recent quarters. The notable increase from Q4 2022 to Q1 2022, followed by a decline and subsequent stability, indicates the company's ability to efficiently utilize its assets to generate operating profits.
Overall, the consistent presence of operating ROA above 7% demonstrates the company's effectiveness in leveraging its assets to generate operating income. However, further analysis and comparison with industry peers would provide deeper insights into the company's performance and efficiency in utilizing its assets.
Peer comparison
Dec 31, 2023