Energizer Holdings Inc (ENR)
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 | 38,100 | 10,200 | 85,800 | 93,400 | 140,500 | -242,100 | -221,500 | -242,500 | -231,500 | 214,600 | 183,000 | 153,800 | 160,900 | 36,000 | 45,000 | -62,500 | -83,500 | 5,200 | -15,400 | 40,000 |
| Total stockholders’ equity | US$ in thousands | 135,800 | 123,400 | 191,300 | 170,600 | 210,700 | 166,900 | 148,400 | 130,800 | 130,600 | 499,700 | 461,300 | 409,400 | 355,700 | 340,600 | 344,400 | 329,600 | 309,100 | 329,600 | 373,700 | 587,500 |
| ROE | 28.06% | 8.27% | 44.85% | 54.75% | 66.68% | -145.06% | -149.26% | -185.40% | -177.26% | 42.95% | 39.67% | 37.57% | 45.23% | 10.57% | 13.07% | -18.96% | -27.01% | 1.58% | -4.12% | 6.81% |
September 30, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $38,100K ÷ $135,800K
= 28.06%
Energizer Holdings Inc's return on equity (ROE) has shown significant fluctuations over the past few quarters. The ROE was negative in some quarters, indicating that the company's net income was not sufficient to cover the shareholders' equity. Of particular concern are the extremely low or negative ROE figures in the quarters ending in June 2023, March 2023, and December 2022, which were notably -145.06%, -149.26%, and -185.40%, respectively.
However, there have been positive ROE figures in other quarters, with the highest ROE of 66.68% observed in the quarter ending in September 2023. The ROE figure for the most recent quarter, ending in September 2024, was 28.06%, which signifies a moderate return on equity.
Overall, the ROE trend for Energizer Holdings Inc fluctuates significantly, indicating varying levels of profitability and efficiency in utilizing shareholders' equity. It is important for shareholders and investors to closely monitor these fluctuations and assess the company's financial performance and management effectiveness.
Peer comparison
Sep 30, 2024