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.