Fresh Del Monte Produce Inc (FDP)
Return on equity (ROE)
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 142,200 | 15,300 | -18,400 | -24,300 | -11,400 | 113,400 | 138,300 | 111,800 | 98,600 | 69,100 | 37,100 | 63,100 | 80,000 | 92,100 | 108,200 | 78,900 | 49,200 | 22,500 | 23,200 | 43,400 |
| Total stockholders’ equity | US$ in thousands | 1,990,500 | 1,991,200 | 1,954,100 | 1,911,700 | 1,896,300 | 2,030,300 | 2,029,400 | 1,940,400 | 1,904,700 | 1,887,800 | 1,861,400 | 1,852,900 | 1,802,300 | 1,810,400 | 1,824,900 | 1,787,800 | 1,728,000 | 1,718,100 | 1,695,200 | 1,686,500 |
| ROE | 7.14% | 0.77% | -0.94% | -1.27% | -0.60% | 5.59% | 6.81% | 5.76% | 5.18% | 3.66% | 1.99% | 3.41% | 4.44% | 5.09% | 5.93% | 4.41% | 2.85% | 1.31% | 1.37% | 2.57% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $142,200K ÷ $1,990,500K
= 7.14%
Fresh Del Monte Produce Inc's return on equity (ROE) has experienced fluctuations over the period from March 31, 2020, to December 31, 2024. The ROE started at a low level of 2.57% in March 2020, then decreased further to 1.37% in June 2020, and continued to decline to 1.31% in September 2020.
There was a slight improvement in December 2020 when the ROE increased to 2.85%, followed by more significant increases in the subsequent quarters. The ROE showed a positive trend, reaching a peak of 6.81% in June 2023. However, there was a notable decline in the ROE to -1.27% in June 2024, indicating a negative return for shareholders.
In the latest available data for December 31, 2024, Fresh Del Monte Produce Inc's ROE recovered significantly to 7.14%, demonstrating a strong return on equity for that period. Overall, the company's ROE has shown volatility and varying performance levels, reflecting changes in profitability and efficiency in generating returns for shareholders.
Peer comparison
Dec 31, 2024