Energizer Holdings Inc (ENR)
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 | 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 | 64,700 | 19,200 | 33,800 |
| Total stockholders’ equity | US$ in thousands | 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 | 543,800 | 570,700 | 645,300 |
| ROE | 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% | 11.90% | 3.36% | 5.24% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $93,400K ÷ $170,600K
= 54.75%
Energizer Holdings Inc's return on equity (ROE) has displayed significant fluctuations over the quarters. In Q1 2024 and Q4 2023, the ROE stood at 54.75% and 66.68% respectively, indicating relatively strong profitability in these periods. However, in Q3 and Q2 2023, the ROE figures of -145.06% and -149.26% suggest negative returns, highlighting potential operational challenges or financial difficulties during those quarters.
Moreover, the ROE in Q1 2023 and Q4 2022 was even more concerning, with values of -185.40% and -180.32% respectively, indicating substantial losses relative to shareholders' equity. On the other hand, positive ROE figures in Q3 2022 and Q2 2022, at 41.32% and 37.05% respectively, suggest moderate profitability levels during those periods.
Overall, the company's ROE has been volatile and inconsistent, reflecting fluctuations in profitability and financial performance over the quarters. It is essential for stakeholders to closely monitor the factors influencing these fluctuations to assess the company's financial health and sustainability in the long term.
Peer comparison
Dec 31, 2023