Prestige Brand Holdings Inc (PBH)

Return on equity (ROE)

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021
Net income US$ in thousands 214,605 209,339 -82,306 205,381 164,682
Total stockholders’ equity US$ in thousands 1,834,900 1,655,080 1,447,080 1,577,610 1,358,300
ROE 11.70% 12.65% -5.69% 13.02% 12.12%

March 31, 2025 calculation

ROE = Net income ÷ Total stockholders’ equity
= $214,605K ÷ $1,834,900K
= 11.70%

The return on equity (ROE) of Prestige Brand Holdings Inc has shown some fluctuations over the past five years. In March 31, 2021, the ROE was 12.12%, which improved slightly to 13.02% by March 31, 2022. However, there was a significant decline in ROE to -5.69% by March 31, 2023, indicating a period of negative returns relative to equity.

Subsequently, the ROE recovered to 12.65% by March 31, 2024, showing an improvement from the negative performance in the previous year. Finally, by March 31, 2025, the ROE stood at 11.70%, which, although slightly lower compared to the preceding year, remained at a relatively healthy level.

The fluctuations in ROE suggest some volatility in the company's profitability and efficiency in generating returns on shareholders' equity over the years. It would be important for stakeholders to further investigate the factors driving these fluctuations to assess the company's overall financial health and performance.