Colgate-Palmolive Company (CL)

Return on equity (ROE)

		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	2,890,000	2,869,000	2,840,000	2,611,000	2,300,000	1,587,000	1,497,000	1,598,000	1,785,000	1,928,000	1,944,000	2,044,000	2,166,000	2,665,000	2,729,000	2,661,000	2,695,000	2,691,000	2,571,000	2,522,000
Total stockholders’ equity	US$ in thousands	212,000	435,000	123,000	230,000	609,000	-9,000	-64,000	-6,000	401,000	622,000	168,000	321,000	609,000	591,000	464,000	262,000	743,000	653,000	268,000	-113,000
ROE		1,363.21%	659.54%	2,308.94%	1,135.22%	377.67%	—	—	—	445.14%	309.97%	1,157.14%	636.76%	355.67%	450.93%	588.15%	1,015.65%	362.72%	412.10%	959.33%	—

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $2,890,000K ÷ $212,000K
= 1,363.21%

The Return on Equity (ROE) of Colgate-Palmolive Company has shown fluctuations over the analyzed periods. Starting from June 30, 2020, where the ROE was at an impressive 959.33%, the ratio displayed significant variability, reaching a peak of 2,308.94% on June 30, 2024. Looking at the trend, the ROE generally remained at elevated levels, indicating the company's ability to generate substantial profits from shareholders' equity.

However, it is worth noting that there were instances where the ROE dropped notably, such as on September 30, 2022, when it fell to 309.97%. This decline could be attributed to changes in the financial structure or operational performance that impacted the company's profitability relative to its equity base.

Overall, the ROE figures suggest that Colgate-Palmolive Company has been effectively leveraging its equity to generate returns for its shareholders, with some periods showing exceptional performance compared to others. Investors and analysts may want to further investigate the factors influencing these fluctuations to gain a deeper understanding of the company's financial health and performance.