Charles River Laboratories

NYSE CRL

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Charles River Laboratories Retained Earnings To Equity Ratio 5 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024: 21.69%

Charles River Laboratories Retained Earnings To Equity Ratio 5 year CAGR is 21.69% for the Trailing 12 Months (TTM) ending March 31, 2024, a 109.86% change year over year. The retained earnings to equity ratio measures the proportion of a company's retained earnings to its shareholders' equity. It is calculated by dividing the retained earnings by the shareholders' equity. This ratio provides insights into the company's reinvestment of earnings and the level of retained profits relative to shareholders' equity. A higher ratio suggests a higher proportion of earnings being retained for reinvestment or future distribution to shareholders. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Charles River Laboratories Retained Earnings To Equity Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 0.48, a 27.73% change year over year.
  • Charles River Laboratories Retained Earnings To Equity Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 0.37, a 35.65% change year over year.
  • Charles River Laboratories Retained Earnings To Equity Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 0.28, a 81.17% change year over year.
  • Charles River Laboratories Retained Earnings To Equity Ratio for the Trailing 12 Months (TTM) ending March 31, 2020 was 0.15, a -24.61% change year over year.
NYSE: CRL

Charles River Laboratories

CEO Mr. James C. Foster J.D.
IPO Date June 23, 2000
Location United States
Headquarters 251 Ballardvale Street, Wilmington, MA, United States, 01887
Employees 20,400
Sector Healthcare
Industry Diagnostics & research
Description

Charles River Laboratories International, Inc. provides drug discovery, non-clinical development, and safety testing services in the United States, Europe, Canada, the Asia Pacific, and internationally. It operates through three segments: Research Models and Services (RMS), Discovery and Safety Assessment (DSA), and Manufacturing Solutions (Manufacturing). The RMS segment produces and sells rodents, and purpose-bred rats and mice for use by researchers. This segment also provides a range of services to assist its clients in supporting the use of research models in research and screening pre-clinical drug candidates, including research models, genetically engineered models and services, insourcing solutions, and research animal diagnostic services. The DSA segment offers early and in vivo discovery services for the identification and validation of novel targets, chemical compounds, and antibodies through delivery of preclinical drug and therapeutic candidates ready for safety assessment; and safety assessment services, such as toxicology, pathology, safety pharmacology, bioanalysis, drug metabolism, and pharmacokinetics services. The Manufacturing segment provides in vitro methods for conventional and rapid quality control testing of sterile and non-sterile pharmaceuticals and consumer products. This segment also offers specialized testing of biologics that are outsourced by pharmaceutical and biotechnology companies. It also provides contract vivarium operation services to biopharmaceutical clients. The company was founded in 1947 and is headquartered in Wilmington, Massachusetts.

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StockViz Staff

September 20, 2024

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