Church & Dwight Company Inc (CHD)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 851,300 | 797,000 | 1,136,200 | 1,089,800 | 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 |
| Long-term debt | US$ in thousands | 2,204,600 | 2,208,200 | 2,207,600 | 2,202,800 | 2,202,200 | 2,401,500 | 2,207,600 | 2,202,800 | 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 |
| Total stockholders’ equity | US$ in thousands | 4,360,800 | 4,193,700 | 4,305,500 | 4,100,700 | 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 |
| Return on total capital | 12.97% | 12.45% | 17.44% | 17.29% | 17.80% | 10.26% | 10.77% | 10.69% | 10.07% | 16.99% | 18.18% | 21.22% | 22.42% | 23.26% | 21.93% | 20.38% | 21.41% | 20.70% | 20.45% | 19.88% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $851,300K ÷ ($2,204,600K + $4,360,800K)
= 12.97%
Church & Dwight Company Inc's return on total capital has shown fluctuations over the period under review. The ratio increased steadily from March 31, 2020, to September 30, 2021, demonstrating consistent improvement in the company's efficiency in generating returns from its total capital. However, there was a slight decline in the ratio from September 30, 2021, to June 30, 2022, followed by a significant drop from June 30, 2022, to December 31, 2022. This decline may indicate challenges in effectively utilizing the company's total capital to generate returns during that period.
Subsequently, there were fluctuations in the ratio from March 31, 2023, to December 31, 2024, with periods of increase and decrease. The ratio peaked at 23.26% on September 30, 2021, and reached a low of 10.07% on December 31, 2022. Overall, the company's return on total capital experienced volatility, signaling potential shifts in the efficiency of capital utilization and profitability during the period analyzed. Further analysis of the company's operating performance and financial decisions may provide insights into the factors influencing these fluctuations.
Peer comparison
Dec 31, 2024