Smurfit WestRock plc (SW)
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 | Dec 31, 2022 | Jun 30, 2022 | Dec 31, 2021 | ||
---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 327,715 | 304,889 | 683,889 | 1,198,259 | 1,395,432 | 1,745,230 | 1,946,811 | 1,803,611 | 1,745,030 | 1,423,165 |
Total stockholders’ equity | US$ in thousands | 17,360,000 | 17,965,000 | 13 | 0 | 5,560,000 | — | 5,357,000 | 5,025,000 | — | — |
ROE | 1.89% | 1.70% | 5,260,684.62% | — | 25.10% | — | 36.34% | 35.89% | — | — |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $327,715K ÷ $17,360,000K
= 1.89%
Smurfit WestRock plc's return on equity (ROE) exhibited fluctuations over the period analyzed. At December 31, 2022, and June 30, 2023, the ROE was 35.89% and 36.34%, respectively, indicating a strong ability to generate profits using shareholder equity. However, there was a significant deviation at the end of June 2024 with an unusually high ROE of 5,260,684.62%, which may be a result of irregular financial data or calculation errors. Subsequently, the ROE declined to 1.70% at September 30, 2024, and improved slightly to 1.89% by December 31, 2024.
The drastic variation in ROE, particularly at June 30, 2024, raises concerns about data reliability or possible anomalies that need to be reviewed and investigated. It is essential for investors and analysts to exercise caution and conduct further analysis to ascertain the accuracy and sustainability of Smurfit WestRock plc's performance metrics.
Peer comparison
Dec 31, 2024