Church & Dwight Company Inc (CHD)
Return on equity (ROE)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 755,600 | 413,900 | 827,500 | 785,900 | 615,900 |
| Total stockholders’ equity | US$ in thousands | 3,855,400 | 3,489,900 | 3,233,200 | 3,020,400 | 2,667,800 |
| ROE | 19.60% | 11.86% | 25.59% | 26.02% | 23.09% |
December 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $755,600K ÷ $3,855,400K
= 19.60%
Church & Dwight Co., Inc.'s return on equity (ROE) has shown fluctuating trends over the past five years. In 2023, the ROE stood at 19.60%, representing an increase from the previous year's 11.86%. However, it was lower compared to 2021 when the ROE was 25.59%. The highest ROE of 26.02% was observed in 2020, followed by 23.09% in 2019.
Overall, the company's ROE performance indicates mixed results in terms of profitability and efficiency in generating returns for its shareholders. The fluctuations in ROE suggest that the company may have experienced variations in its financial performance and efficiency in utilizing its equity to generate profits during the period under review. It would be important to further investigate the factors impacting the ROE to understand the underlying reasons for these fluctuations and assess the company's overall financial health and performance.
Peer comparison
Dec 31, 2023