Sealed Air Corporation (SEE)
Return on equity (ROE)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 264,700 | 341,600 | 491,600 | 506,800 | 502,900 |
Total stockholders’ equity | US$ in thousands | 624,500 | 549,500 | 344,100 | 248,700 | 172,500 |
ROE | 42.39% | 62.17% | 142.87% | 203.78% | 291.54% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $264,700K ÷ $624,500K
= 42.39%
Sealed Air Corporation's return on equity (ROE) has shown a notable fluctuation over the past five years. Starting at a high of 291.54% on December 31, 2020, the ROE decreased to 203.78% by the end of 2021 and further declined to 142.87% by the end of 2022. There was a more significant drop to 62.17% by December 31, 2023. By the end of 2024, the ROE decreased to 42.39%.
The declining trend in ROE could indicate various factors affecting the company's financial performance, such as changes in profitability, asset utilization, or leverage. It's essential for stakeholders to further investigate the reasons behind the diminishing ROE to determine the company's overall efficiency in generating profits from shareholders' equity.
Peer comparison
Dec 31, 2024