Abercrombie & Fitch Company (ANF)

Return on equity (ROE)

		Feb 3, 2024	Oct 28, 2023	Jul 29, 2023	Apr 29, 2023	Jan 28, 2023	Oct 29, 2022	Jul 30, 2022	Apr 30, 2022	Jan 29, 2022	Oct 30, 2021	Jul 31, 2021	May 1, 2021	Jan 30, 2021	Oct 31, 2020	Aug 1, 2020	May 2, 2020	Feb 1, 2020	Nov 2, 2019	Aug 3, 2019	May 4, 2019
Net income (ttm)	US$ in thousands	328,123	208,009	109,584	35,856	2,816	37,048	86,495	211,829	270,066	279,893	274,931	171,895	-114,021	-113,281	-149,029	-185,635	39,358	-19,855	-30,231	-41,550
Total stockholders’ equity	US$ in thousands	1,035,160	866,108	768,306	701,857	694,841	646,231	661,788	695,361	826,090	908,934	956,566	941,174	936,628	849,379	805,681	790,239	1,058,810	983,512	991,977	1,094,840
ROE		31.70%	24.02%	14.26%	5.11%	0.41%	5.73%	13.07%	30.46%	32.69%	30.79%	28.74%	18.26%	-12.17%	-13.34%	-18.50%	-23.49%	3.72%	-2.02%	-3.05%	-3.80%

February 3, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $328,123K ÷ $1,035,160K
= 31.70%

Abercrombie & Fitch Company's return on equity (ROE) has shown significant variability over the past few fiscal quarters. ROE is a key profitability ratio that measures the company's ability to generate profit from its shareholders' equity.

The ROE for Abercrombie & Fitch Company ranged from negative levels of -23.49% to positive levels of 32.69% over the analyzed period. The significant fluctuations in ROE indicate inconsistent performance in generating profits relative to shareholder investments.

The highest ROE of 32.69% was recorded in January 2022, indicating a strong ability to generate profit from shareholder equity during that period. In contrast, negative ROE figures in recent quarters, such as -23.49% in May 2020, suggest that the company experienced a period of losses in relation to shareholder equity.

Overall, the fluctuating trend in Abercrombie & Fitch Company's ROE demonstrates the company's varying profitability performance and highlights the importance of closely monitoring financial performance metrics to assess operational efficiency and shareholder value creation.