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Koninklijke Ahold Delhaize NV (WBO:AD) ROE % : 10.09% (As of Sep. 2024)


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What is Koninklijke Ahold Delhaize NV ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Koninklijke Ahold Delhaize NV's annualized net income for the quarter that ended in Sep. 2024 was €1,488 Mil. Koninklijke Ahold Delhaize NV's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was €14,744 Mil. Therefore, Koninklijke Ahold Delhaize NV's annualized ROE % for the quarter that ended in Sep. 2024 was 10.09%.

The historical rank and industry rank for Koninklijke Ahold Delhaize NV's ROE % or its related term are showing as below:

WBO:AD' s ROE % Range Over the Past 10 Years
Min: 7.58   Med: 12.4   Max: 17.48
Current: 12.27

During the past 13 years, Koninklijke Ahold Delhaize NV's highest ROE % was 17.48%. The lowest was 7.58%. And the median was 12.40%.

WBO:AD's ROE % is ranked better than
57.65% of 307 companies
in the Retail - Defensive industry
Industry Median: 10.09 vs WBO:AD: 12.27

Koninklijke Ahold Delhaize NV ROE % Historical Data

The historical data trend for Koninklijke Ahold Delhaize NV's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Koninklijke Ahold Delhaize NV ROE % Chart

Koninklijke Ahold Delhaize NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.49 10.54 17.18 17.48 12.43

Koninklijke Ahold Delhaize NV Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.38 12.00 13.68 13.14 10.09

Competitive Comparison of Koninklijke Ahold Delhaize NV's ROE %

For the Grocery Stores subindustry, Koninklijke Ahold Delhaize NV's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Koninklijke Ahold Delhaize NV's ROE % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Koninklijke Ahold Delhaize NV's ROE % distribution charts can be found below:

* The bar in red indicates where Koninklijke Ahold Delhaize NV's ROE % falls into.



Koninklijke Ahold Delhaize NV ROE % Calculation

Koninklijke Ahold Delhaize NV's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=1874/( (15405+14755)/ 2 )
=1874/15080
=12.43 %

Koninklijke Ahold Delhaize NV's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Jun. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=1488/( (15132+14355)/ 2 )
=1488/14743.5
=10.09 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2024) net income data. ROE % is displayed in the 30-year financial page.


Koninklijke Ahold Delhaize NV  (WBO:AD) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=1488/14743.5
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1488 / 88016)*(88016 / 49156.5)*(49156.5 / 14743.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.69 %*1.7905*3.3341
=ROA %*Equity Multiplier
=3.03 %*3.3341
=10.09 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=1488/14743.5
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1488 / 1784) * (1784 / 1936) * (1936 / 88016) * (88016 / 49156.5) * (49156.5 / 14743.5)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8341 * 0.9215 * 2.2 % * 1.7905 * 3.3341
=10.09 %

Note: The net income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Koninklijke Ahold Delhaize NV ROE % Related Terms

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Koninklijke Ahold Delhaize NV Business Description

Address
Provincialeweg 11, Zaandam, NH, NLD, 1506 MA
Ahold Delhaize is the product of the July 2016 merger between Netherlands-based Ahold and Belgium's Delhaize, forming the fourth-largest grocer in the US and a top player in many parts of Europe. The US is the largest market, accounting for over 60% of group sales, with Ahold Delhaize the leading grocer on the Eastern Seaboard. The US store network stretches from Maine to Georgia and includes such banners as Stop & Shop, The Giant Company, Giant Food, Food Lion, and Hannaford. The Netherlands, Belgium, and Central and SouthEastern Europe, including the Czech Republic, Greece, Romania, and Serbia, account for slightly less than 40% of sales. Ahold Delhaize holds the number-one and number-two positions in almost all of these countries.

Koninklijke Ahold Delhaize NV Headlines

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