Treehouse Foods Inc (THS)
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 | 53,100 | 22,200 | -75,400 | -128,100 | -146,300 | -152,000 | -54,800 | -17,000 | -12,500 | 51,000 | 56,400 | 46,500 | 13,800 | -5,100 | -195,000 | -365,300 | -361,000 | -390,400 | -210,000 | -57,700 |
| Total stockholders’ equity | US$ in thousands | 1,664,800 | 1,695,800 | 1,734,900 | 1,704,400 | 1,687,000 | 1,715,000 | 1,813,600 | 1,847,800 | 1,845,400 | 1,857,800 | 1,858,500 | 1,864,500 | 1,865,000 | 1,827,300 | 1,803,700 | 1,788,100 | 1,830,900 | 1,806,000 | 1,983,300 | 2,141,700 |
| ROE | 3.19% | 1.31% | -4.35% | -7.52% | -8.67% | -8.86% | -3.02% | -0.92% | -0.68% | 2.75% | 3.03% | 2.49% | 0.74% | -0.28% | -10.81% | -20.43% | -19.72% | -21.62% | -10.59% | -2.69% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $53,100K ÷ $1,664,800K
= 3.19%
Treehouse Foods Inc's return on equity (ROE) has shown fluctuating performance over the past eight quarters. In Q4 2023, the ROE stood at 3.19%, indicating a slight improvement from the previous quarter's 1.31%. However, this remains relatively low compared to historical data. The company experienced negative ROE in Q2 2023 and Q1 2023, at -4.35% and -7.52% respectively. These negative figures suggest that the company's net income is insufficient to generate shareholder value.
Looking further back, the ROE was also negative in Q4 2022 and Q3 2022, at -8.68% and -8.86% respectively. The company saw a slight improvement in Q2 2022 with an ROE of -3.02%, but it remained negative. Q1 2022 showed a further improvement with an ROE of -0.92%, but it was still below the breakeven point.
Overall, Treehouse Foods Inc's ROE has been volatile and predominantly negative in recent quarters, indicating that the company may be facing challenges in efficiently utilizing shareholder equity to generate profits. This trend suggests the need for improved financial management strategies to enhance profitability and create more value for shareholders.
Peer comparison
Dec 31, 2023