Darling Ingredients Inc (DAR)
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 | 647,726 | 719,770 | 785,825 | 735,438 | 737,690 | 736,884 | 692,615 | 687,201 | 650,914 | 539,905 | 494,218 | 363,075 | 296,819 | 494,683 | 419,279 | 380,098 | 312,600 | 110,639 | 78,881 | 22,203 |
| Total stockholders’ equity | US$ in thousands | 4,605,430 | 4,380,710 | 4,368,230 | 4,032,530 | 3,809,020 | 3,580,110 | 3,493,470 | 3,425,280 | 3,280,960 | 3,205,520 | 3,118,580 | 2,966,600 | 2,891,910 | 2,773,920 | 2,633,360 | 2,543,560 | 2,565,820 | 2,308,490 | 2,342,910 | 2,290,540 |
| ROE | 14.06% | 16.43% | 17.99% | 18.24% | 19.37% | 20.58% | 19.83% | 20.06% | 19.84% | 16.84% | 15.85% | 12.24% | 10.26% | 17.83% | 15.92% | 14.94% | 12.18% | 4.79% | 3.37% | 0.97% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $647,726K ÷ $4,605,430K
= 14.06%
Darling Ingredients Inc's Return on Equity (ROE) has displayed fluctuating trends over the past several quarters. ROE has been on an upward trajectory from December 2019 to March 2023, reaching a peak of 20.58% in September 2022. However, there was a slight decline in ROE in the most recent quarter, December 2023, standing at 14.06%.
Overall, the company's ROE has generally been in the double-digit range, indicating a healthy level of profitability generated from shareholders' equity. The variations in ROE over the periods may suggest changes in the company's profitability, leverage, or operational efficiency. Further analysis of the drivers behind these fluctuations would be necessary to determine the factors impacting Darling Ingredients Inc's ROE dynamics.
Peer comparison
Dec 31, 2023