Darling Ingredients Inc (DAR)
Return on equity (ROE)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 278,880 | 647,726 | 737,690 | 650,914 | 296,819 |
Total stockholders’ equity | US$ in thousands | 4,377,810 | 4,605,430 | 3,809,020 | 3,280,960 | 2,891,910 |
ROE | 6.37% | 14.06% | 19.37% | 19.84% | 10.26% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $278,880K ÷ $4,377,810K
= 6.37%
Based on the provided data, Darling Ingredients Inc's return on equity (ROE) has shown fluctuating trends over the years:
1. December 31, 2020: The ROE was at 10.26%. This indicates that for every dollar of shareholders' equity, the company generated a return of 10.26%.
2. December 31, 2021: The ROE improved significantly to 19.84%, reflecting a more efficient utilization of equity to generate profits.
3. December 31, 2022: The ROE remained strong at 19.37%, suggesting that the company continued to generate healthy returns for its shareholders.
4. December 31, 2023: The ROE decreased to 14.06% from the previous year, indicating a slight decline in profitability relative to the equity investment.
5. December 31, 2024: The ROE experienced a significant decline to 6.37%, reflecting a notable decrease in the company's ability to generate returns on equity.
Overall, Darling Ingredients Inc's ROE has shown a mixture of positive and negative trends, with periods of strong performance followed by fluctuations and declines. It is important for investors and stakeholders to monitor these changes closely to assess the company's profitability and efficiency in utilizing shareholders' equity.
Peer comparison
Dec 31, 2024