Church & Dwight Company Inc (CHD)

Return on assets (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
Net income (ttm)	US$ in thousands	755,600	437,200	446,800	412,700	413,900	736,700	780,000	811,200	827,500	819,600	805,400	776,800	785,900	780,100	721,200	670,000	615,900	614,300	603,300	586,500
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
ROA		8.82%	5.02%	5.25%	4.99%	4.96%	8.89%	9.24%	10.22%	10.35%	11.10%	10.93%	10.52%	10.60%	11.02%	10.42%	8.95%	9.25%	9.29%	9.06%	9.84%

December 31, 2023 calculation

ROA = Net income (ttm) ÷ Total assets
= $755,600K ÷ $8,569,200K
= 8.82%

Church & Dwight Co., Inc.'s return on assets (ROA) has shown fluctuations over the past eight quarters, ranging from a low of 4.96% in Q4 2022 to a high of 10.22% in Q1 2022. The ROA increased notably from Q4 2022 to Q1 2023, reaching 8.82%, before experiencing a slight decline in the following quarters. The company's ROA performance in Q4 2023 at 8.82% demonstrates a strong ability to generate earnings from its assets. Overall, the varying ROA figures indicate fluctuations in the efficiency of Church & Dwight Co., Inc.'s asset utilization and profitability over the analyzed period.

Peer comparison

Dec 31, 2023

Company name

Symbol

ROA

Church & Dwight Company Inc

CHD

8.82%

Ecolab Inc

ECL

6.28%

Procter & Gamble Company