Church & Dwight Company Inc (CHD)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 585,300 | 755,600 | 413,900 | 827,500 | 785,900 |
| Total assets | US$ in thousands | 8,883,100 | 8,569,200 | 8,345,600 | 7,996,500 | 7,414,500 |
| ROA | 6.59% | 8.82% | 4.96% | 10.35% | 10.60% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $585,300K ÷ $8,883,100K
= 6.59%
The return on assets (ROA) for Church & Dwight Company Inc has shown a fluctuating trend over the past five years. The ROA stood at 10.60% as of December 31, 2020, indicating that the company generated $0.106 in net income for every dollar of assets it possessed. This figure slightly decreased to 10.35% by December 31, 2021, but remained relatively solid.
However, there was a notable decline in ROA to 4.96% by December 31, 2022, suggesting a decrease in the company's ability to generate profits from its assets. This downturn may warrant further investigation into the company's operational efficiency and profitability.
Subsequently, there was a significant improvement in ROA to 8.82% by December 31, 2023, indicating a possible rebound in asset utilization and profitability. However, the ROA decreased to 6.59% by December 31, 2024, reflecting a slight decline in the company's overall profitability relative to its asset base.
Overall, the fluctuating trend in Church & Dwight Company Inc's ROA over the period indicates varying levels of efficiency in utilizing its assets to generate profits. Further analysis of the company's operations and financial performance may provide insights into the factors influencing these fluctuations and opportunities for improvement.
Peer comparison
Dec 31, 2024