Colgate-Palmolive Company (CL)

Return on equity (ROE)

		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
Net income (ttm)	US$ in thousands	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	2,367,000	2,330,000	2,275,000	2,326,000
Total stockholders’ equity	US$ in thousands	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	117,000	-324,000	-347,000	-552,000
ROE		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%	—	2,023.08%	—	—	—

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $2,300,000K ÷ $609,000K
= 377.67%

Colgate-Palmolive Co.'s return on equity (ROE) has shown significant fluctuations over the past eight quarters. In Q4 2022, the ROE stood at an impressive 445.14%, indicating the company generated substantial profits relative to shareholders' equity. However, this dropped to 309.97% in Q3 2022.

The most notable anomaly in the data is the exceptionally high ROE of 1,157.14% in Q2 2022, followed by a notable decrease in Q1 2022 to 636.76%. These fluctuations may be attributed to various factors, such as changes in the company's profitability, financial leverage, or asset management efficiency.

In Q4 2023, the ROE rebounded significantly to 377.67%, suggesting improved profitability relative to shareholders' investment. Unfortunately, the absence of data for Q3, Q2, and Q1 2023 limits a comprehensive trend analysis.

Overall, while Colgate-Palmolive Co. has displayed variable ROE figures, the company's ability to generate substantial returns on shareholders' equity remains evident. Further context and additional data would be necessary to fully evaluate the sustainability and underlying factors of these ROE fluctuations.