Sealed Air Corporation (SEE)
Return on equity (ROE)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 341,600 | 311,900 | 389,500 | 404,300 | 491,600 | 578,200 | 551,700 | 545,900 | 506,800 | 468,100 | 494,400 | 486,400 | 502,900 | 465,000 | 399,000 | 332,100 | 263,000 | 359,000 | 370,000 | 451,200 |
| Total stockholders’ equity | US$ in thousands | 549,500 | 408,400 | 412,400 | 346,500 | 344,100 | 218,200 | 199,700 | 190,400 | 248,700 | 127,700 | 93,800 | 101,400 | 172,500 | 24,500 | -70,100 | -181,900 | -196,200 | -304,100 | -341,200 | -292,400 |
| ROE | 62.17% | 76.37% | 94.45% | 116.68% | 142.87% | 264.99% | 276.26% | 286.71% | 203.78% | 366.56% | 527.08% | 479.68% | 291.54% | 1,897.96% | — | — | — | — | — | — |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $341,600K ÷ $549,500K
= 62.17%
The Return on Equity (ROE) of Sealed Air Corp. has been fluctuating over the past eight quarters, ranging from 62.17% to 286.71%. The ROE shows a positive trend overall, with a general upward trajectory from Q1 2022 to Q1 2023, indicating an improvement in the company's ability to generate profits from shareholders' equity.
The significant increase in ROE from Q4 2022 to Q1 2023, reaching a peak of 286.71%, suggests that Sealed Air Corp. has been effectively utilizing its shareholders' equity to generate higher returns. This could be attributed to various factors such as improved profitability, efficient asset management, or effective capital structure optimization.
However, the sharp fluctuations in ROE over the quarters may also signal volatility in the company's financial performance, which could be a point of concern for investors and stakeholders. It is important for the company to sustain and potentially further enhance its ROE in the future to ensure long-term profitability and value creation for its shareholders.
Peer comparison
Dec 31, 2023