Newell Brands Inc (NWL)
Return on equity (ROE)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | -216,000 | -388,000 | 197,000 | 622,000 | -770,000 |
Total stockholders’ equity | US$ in thousands | 2,751,000 | 3,112,000 | 3,519,000 | 4,091,000 | 3,874,000 |
ROE | -7.85% | -12.47% | 5.60% | 15.20% | -19.88% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $-216,000K ÷ $2,751,000K
= -7.85%
Newell Brands Inc's return on equity (ROE) has shown fluctuating trends over the past five years. In December 2020, the ROE was negative at -19.88%, indicating that the company's net income was insufficient to generate a positive return for its shareholders' equity.
However, by December 2021, there was a significant improvement in ROE, reaching 15.20%, reflecting a positive growth in profitability relative to the shareholders' equity. This could be attributed to improved operational efficiency or effective capital allocation.
In the subsequent years, the ROE continued to decline. By December 2022, the ROE decreased to 5.60%, indicating a reduced profitability relative to the shareholders' equity. This decline may raise concerns about the company's ability to generate returns for its shareholders.
By December 2023 and December 2024, the ROE remained negative at -12.47% and -7.85% respectively. These negative values suggest that the company's net income was insufficient to cover the shareholders' equity investment.
Overall, the fluctuating trend in ROE indicates varying levels of profitability and efficiency in the company's operations over the years. Investors and stakeholders may need to further assess the company's financial performance and strategies to address the declining ROE figures.
Peer comparison
Dec 31, 2024