Energizer Holdings Inc (ENR)
Return on equity (ROE)
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 38,100 | 140,500 | -231,500 | 160,900 | -93,300 |
| Total stockholders’ equity | US$ in thousands | 135,800 | 210,700 | 130,600 | 355,700 | 309,100 |
| ROE | 28.06% | 66.68% | -177.26% | 45.23% | -30.18% |
September 30, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $38,100K ÷ $135,800K
= 28.06%
Energizer Holdings Inc's return on equity (ROE) has fluctuated significantly over the past five years. In 2024, the ROE stands at 28.06%, a notable decrease from the previous year's 66.68%. The ROE was negative in 2022 at -177.26%, indicating that the company's net income was insufficient to cover shareholder equity.
The substantial improvement in ROE in 2023 and 2021, at 66.68% and 45.23% respectively, suggests a more efficient utilization of equity to generate profits. However, the ROE was negative in 2020, reflecting challenges in profitability and efficiency.
Overall, the varying ROE figures indicate fluctuations in the company's profitability and efficiency in generating returns for shareholders. It would be essential to further analyze the company's financial performance and operations to determine the factors driving these changes in ROE.
Peer comparison
Sep 30, 2024