Catalent Inc (CTLT)

Return on equity (ROE)

		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	Sep 30, 2019
Net income (ttm)	US$ in thousands	-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	151,900
Total stockholders’ equity	US$ in thousands	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	1,649,300
ROE		-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%	9.21%

June 30, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-1,043,000K ÷ $3,604,000K
= -28.94%

Catalent Inc's return on equity (ROE) has demonstrated fluctuation over the past few quarters. The ROE was notably negative in the recent quarters, with values of -28.94% in June 2024 and -32.57% in March 2024. This suggests that the company struggled to generate profits relative to its shareholder equity during these periods.

However, looking back to previous periods, the ROE was more positive and stable, showing an upward trend from 8.68% in September 2022 to 14.98% in March 2021. This indicates that Catalent Inc was more efficient in utilizing its equity to generate returns for shareholders during these times.

Overall, the downward trend in ROE in recent quarters may raise concerns about the company's profitability and efficiency in utilizing its equity. Further analysis of the company's financial performance, operational efficiency, and strategic decisions may be necessary to understand the factors driving these fluctuations in ROE.