Return on Assets (ROA)
since 2016
Calculation
e.l.f. Beauty, Inc., ROA, long-term trends, calculation
| ROA | = | 100 | × | Net income1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2024 | 11.31% | = | 100 | × | 127,663) | ÷ | 1,129,247) |
| Mar 31, 2023 | 10.33% | = | 100 | × | 61,530) | ÷ | 595,601) |
| Mar 31, 2022 | 4.40% | = | 100 | × | 21,770) | ÷ | 494,632) |
| Mar 31, 2021 | 1.28% | = | 100 | × | 6,232) | ÷ | 487,393) |
| Mar 31, 2020 | 3.95% | = | 100 | × | 17,884) | ÷ | 453,104) |
| Dec 31, 2018 | 3.56% | = | 100 | × | 15,525) | ÷ | 435,856) |
| Dec 31, 2017 | 8.02% | = | 100 | × | 33,475) | ÷ | 417,244) |
| Dec 31, 2016 | 1.28% | = | 100 | × | 5,313) | ÷ | 414,729) |
Based on: 10-K (reporting date: 2024-03-31), 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31).
1 US$ in thousands
- Net Income
- The net income displays a fluctuating pattern across the reported periods. Starting from 5,313 thousand US dollars in December 2016, there is a significant increase to 33,475 thousand US dollars in December 2017. This is followed by a notable decline to 15,525 thousand in December 2018. Data points for 2019 are not provided, but from March 2020 onwards, net income first rises to 17,884 thousand and then dips sharply to 6,232 thousand by March 2021. Subsequent periods exhibit a strong recovery and growth trend, with net income increasing to 21,770 thousand in March 2022, surging to 61,530 thousand in March 2023, and more than doubling again to 127,663 thousand by March 2024.
- Total Assets
- Total assets show a generally upward trajectory over the periods. Beginning at 414,729 thousand US dollars in December 2016, assets increase slightly to 417,244 thousand in December 2017 and continue to grow steadily to 435,856 thousand by December 2018. By March 2020, assets reach 453,104 thousand, followed by further increases to 487,393 thousand in March 2021 and 494,632 thousand in March 2022. Noteworthy is a marked jump to 595,601 thousand in March 2023, and a near doubling to 1,129,247 thousand by March 2024, indicating substantial asset expansion in the most recent years.
- Return on Assets (ROA)
- The ROA demonstrates notable volatility but trends upwards overall. It begins at 1.28% in December 2016 and rises sharply to 8.02% by December 2017. This is followed by a decline to 3.56% in December 2018. After a gap in data for 2019, ROA remains relatively low at 1.28% in March 2021 but then improves to 4.4% in March 2022. The most pronounced improvements occur in recent periods, with ROA reaching 10.33% in March 2023 and further increasing to 11.31% by March 2024. The late surge corresponds with higher net income and asset growth, reflecting enhanced profitability relative to asset base.
Comparison to Competitors
e.l.f. Beauty, Inc., ROA, long-term trends, comparison to competitors
| e.l.f. Beauty, Inc. | Procter & Gamble Co. | |
|---|---|---|
| Mar 31, 2024 | 11.31% | 12.16% |
| Mar 31, 2023 | 10.33% | 12.13% |
| Mar 31, 2022 | 4.40% | 12.58% |
| Mar 31, 2021 | 1.28% | 11.99% |
| Mar 31, 2020 | 3.95% | 10.79% |
| Dec 31, 2018 | 3.56% | 8.24% |
| Dec 31, 2017 | 8.02% | 12.73% |
| Dec 31, 2016 | 1.28% | 8.27% |
Based on: 10-K (reporting date: 2024-03-31), 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31).
Comparison to Industry (Consumer Staples)
e.l.f. Beauty, Inc., ROA, long-term trends, comparison to industry (consumer staples)
| e.l.f. Beauty, Inc. | Consumer Staples | |
|---|---|---|
| Mar 31, 2024 | 11.31% | 8.89% |
| Mar 31, 2023 | 10.33% | 8.28% |
| Mar 31, 2022 | 4.40% | 8.95% |
| Mar 31, 2021 | 1.28% | 8.75% |
| Mar 31, 2020 | 3.95% | 8.24% |
| Dec 31, 2018 | 3.56% | 8.40% |
| Dec 31, 2017 | 8.02% | 7.42% |
| Dec 31, 2016 | 1.28% | 7.94% |
Based on: 10-K (reporting date: 2024-03-31), 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31).