Church & Dwight Company Inc (CHD)
Return on assets (ROA)
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 | 585,300 | 549,800 | 802,400 | 780,100 | 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 |
Total assets | US$ in thousands | 8,883,100 | 8,666,200 | 8,762,100 | 8,561,500 | 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 |
ROA | 6.59% | 6.34% | 9.16% | 9.11% | 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $585,300K ÷ $8,883,100K
= 6.59%
Church & Dwight Company Inc's return on assets (ROA) has shown fluctuations over the past few years, ranging from a high of 11.10% in September 2021 to a low of 4.96% in December 2022.
The ROA increased steadily from March 2020 to September 2021, indicating efficient utilization of assets to generate profits. However, there was a dip in the ROA from December 2021 to March 2023, with a slight recovery in the following quarters.
The company experienced a significant decrease in ROA in the later part of 2022 into early 2023, possibly indicating challenges in asset efficiency and profitability during that period.
It is noteworthy that the ROA showed some improvement towards the end of 2023 and into 2024, although it did not reach the peak levels seen in the earlier years under review.
Overall, the trend in Church & Dwight Company Inc's ROA suggests some variability in asset utilization and profitability, with periods of both growth and decline. Monitoring and analysis of the factors influencing these fluctuations would be crucial for stakeholders evaluating the company's performance.
Peer comparison
Dec 31, 2024