Post Holdings Inc (POST)
Return on equity (ROE)
Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 366,700 | 301,300 | 756,600 | 166,700 | 800 |
Total stockholders’ equity | US$ in thousands | 4,090,600 | 3,842,100 | 3,254,000 | 2,742,400 | 2,854,500 |
ROE | 8.96% | 7.84% | 23.25% | 6.08% | 0.03% |
September 30, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $366,700K ÷ $4,090,600K
= 8.96%
The return on equity (ROE) of Post Holdings Inc has shown some fluctuations over the past five years. In Sep 2024, the ROE increased to 8.96% from 7.84% in the previous year. This improvement indicates that the company generated a higher level of net income relative to its shareholders' equity.
In comparison, Sep 2022 had a significantly higher ROE of 23.25%, which indicates that the company was more efficient in utilizing its equity to generate profits during that period. This could have been due to higher earnings or a lower level of equity compared to the net income.
However, in Sep 2021 and Sep 2020, the ROE was relatively lower at 6.08% and 0.03% respectively. These lower ROE figures suggest that the company's profitability in relation to its shareholders' equity was not as strong during those years.
Overall, the trend in ROE for Post Holdings Inc over the five-year period shows variability, with some years exhibiting stronger performance in generating profits relative to equity compared to others. Further analysis would be needed to understand the specific factors contributing to these fluctuations in ROE.
Peer comparison
Sep 30, 2024