Newell Brands Inc (NWL)
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 | -216,000 | -248,000 | -268,000 | -295,000 | -388,000 | -551,000 | -302,000 | -116,000 | 220,000 | 565,000 | 724,000 | 717,000 | 572,000 | 603,000 | 717,000 | 598,000 | -770,000 | -103,200 | -1,033,000 | -1,021,200 |
Total stockholders’ equity | US$ in thousands | 2,751,000 | 2,860,000 | 3,080,000 | 3,076,000 | 3,112,000 | 3,126,000 | 3,315,000 | 3,333,000 | 3,519,000 | 3,776,000 | 3,947,000 | 3,980,000 | 4,091,000 | 4,055,000 | 3,986,000 | 3,836,000 | 3,874,000 | 3,726,000 | 3,492,000 | 3,454,000 |
ROE | -7.85% | -8.67% | -8.70% | -9.59% | -12.47% | -17.63% | -9.11% | -3.48% | 6.25% | 14.96% | 18.34% | 18.02% | 13.98% | 14.87% | 17.99% | 15.59% | -19.88% | -2.77% | -29.58% | -29.57% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-216,000K ÷ $2,751,000K
= -7.85%
Newell Brands Inc's return on equity (ROE) has shown a fluctuating trend over the periods analyzed. The ROE was negative for most of the quarters in 2020 and 2021, indicating that the company was generating losses relative to its equity base. However, starting from March 31, 2021, the ROE turned positive and showed an increasing trend until the second quarter of 2022. This improvement suggests that the company was able to generate profits more efficiently with the equity available.
After peaking in June 30, 2022, the ROE started to decline gradually but remained positive until March 31, 2023, where it turned negative again. The negative trend continued through 2024, indicating challenges in profitability relative to the equity invested in the company.
Overall, the analysis reveals a mix of positive and negative ROE values for Newell Brands Inc, reflecting fluctuations in profitability and efficiency in generating returns for the company's shareholders over the period under review.
Peer comparison
Dec 31, 2024