Catalent Inc (CTLT)
Return on equity (ROE)
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -413,000 | -1,043,000 | -1,176,000 | -1,302,000 | -1,016,000 | -257,000 | 21,000 | 389,000 | 406,000 | 499,000 | 513,000 | 604,000 | 595,000 | 584,000 | 556,200 | 345,100 | 302,600 | 220,700 | 137,600 | 148,400 |
| Total stockholders’ equity | US$ in thousands | 3,542,000 | 3,604,000 | 3,611,000 | 3,687,000 | 3,841,000 | 4,611,000 | 4,703,000 | 4,892,000 | 4,680,000 | 4,775,000 | 4,632,000 | 4,481,000 | 4,021,000 | 3,915,000 | 3,713,200 | 3,455,500 | 3,072,100 | 2,899,000 | 2,187,700 | 1,716,100 |
| ROE | -11.66% | -28.94% | -32.57% | -35.31% | -26.45% | -5.57% | 0.45% | 7.95% | 8.68% | 10.45% | 11.08% | 13.48% | 14.80% | 14.92% | 14.98% | 9.99% | 9.85% | 7.61% | 6.29% | 8.65% |
September 30, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-413,000K ÷ $3,542,000K
= -11.66%
The return on equity (ROE) for Catalent Inc has shown significant fluctuations over the past few quarters. ROE measures the company's efficiency in generating profits from shareholders' equity.
From December 2019 to March 2020, ROE steadily declined from 11.08% to 6.29%. However, there was a notable rebound in the following quarter, reaching 7.61%. Subsequently, the ROE increased further to 9.85% by September 2020 before dipping slightly to 9.99% by December 2020.
In the first half of 2021, there was a positive trend with consecutive ROE increases from 14.98% in March 2021 to 14.92% in June 2021, and finally reaching a high of 14.80% in September 2021. However, the ROE declined in the following quarters, dropping to 13.48% by December 2021.
The ROE showed further decreases in the early quarters of 2022, with a notable drop to 10.45% by March 2022, and continued to decline to 8.68% by September 2022. There was a slight improvement in the last quarter of 2022, with the ROE increasing to 7.95%.
The trend reversed sharply in 2023, with ROE turning negative and reaching its lowest point in March 2024 at -32.57%. The downward trend worsened in June 2024 and September 2024, showing ROE values of -28.94% and -11.66%, respectively.
Overall, the fluctuating ROE values indicate variability in Catalent Inc's ability to generate profits from shareholders' equity during the analyzed period. The negative values in the most recent quarters may indicate underlying financial challenges that the company is facing.
Peer comparison
Sep 30, 2024