Church & Dwight Company Inc (CHD)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 1,078,300 | 662,200 | 659,200 | 627,700 | 612,900 | 983,900 | 1,028,400 | 1,064,000 | 1,086,200 | 1,100,000 | 1,072,700 | 1,024,100 | 1,034,800 | 1,039,600 | 983,700 | 920,100 | 847,300 | 847,400 | 834,600 | 821,000 |
| Long-term debt | US$ in thousands | 2,202,200 | 2,401,500 | 2,400,900 | 2,400,100 | 2,599,500 | 2,104,400 | 2,103,900 | 1,611,200 | 1,610,700 | 1,214,800 | 1,513,800 | 1,813,100 | 1,812,500 | 1,811,900 | 1,811,400 | 1,810,800 | 1,810,200 | 1,809,600 | 1,809,000 | 1,509,400 |
| Total stockholders’ equity | US$ in thousands | 3,855,400 | 4,050,500 | 3,911,000 | 3,667,700 | 3,489,900 | 3,687,800 | 3,554,400 | 3,402,900 | 3,233,200 | 3,513,600 | 3,377,200 | 3,211,200 | 3,020,400 | 3,210,300 | 2,998,800 | 2,817,800 | 2,667,800 | 2,559,300 | 2,604,800 | 2,499,300 |
| Return on total capital | 17.80% | 10.26% | 10.44% | 10.34% | 10.07% | 16.99% | 18.18% | 21.22% | 22.42% | 23.26% | 21.93% | 20.38% | 21.41% | 20.70% | 20.45% | 19.88% | 18.92% | 19.40% | 18.91% | 20.48% |
December 31, 2023 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $1,078,300K ÷ ($2,202,200K + $3,855,400K)
= 17.80%
Church & Dwight Co., Inc. has shown a fluctuating trend in its return on total capital over the past eight quarters. The return on total capital ranged from a low of 9.90% in Q4 2022 to a high of 18.33% in Q2 2022. The company's return on total capital was relatively stable in the range of 10% to 10.35% for the most recent quarters of 2023, showing consistency in utilizing its total capital to generate profits. The average return on total capital over the past eight quarters was 13.57%, indicating that the company has been effectively utilizing its total capital to generate returns for its stakeholders.
Peer comparison
Dec 31, 2023