BJs Wholesale Club Holdings Inc (BJ)
Return on equity (ROE)
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 534,417 | 523,741 | 523,741 | 513,177 | 513,177 |
| Total stockholders’ equity | US$ in thousands | 1,847,450 | 1,458,850 | 1,458,850 | 1,046,840 | 1,046,840 |
| ROE | 28.93% | 35.90% | 35.90% | 49.02% | 49.02% |
January 31, 2025 calculation
ROE = Net income ÷ Total stockholders’ equity
= $534,417K ÷ $1,847,450K
= 28.93%
The return on equity (ROE) for BJs Wholesale Club Holdings Inc has shown a declining trend over the past few years. The ROE was at 49.02% in January 2023 and remained constant in January 2024 before dropping to 35.90% in February 2024. Subsequently, by January 2025, the ROE further decreased to 28.93%.
This decline in ROE indicates that the company's ability to generate profits from its shareholders' equity has weakened over time. It is essential for investors and stakeholders to closely monitor the factors affecting ROE, such as profitability, efficiency, and leverage, to determine the company's overall financial health and performance. Further analysis of the company's financial statements and operations may be necessary to identify the underlying reasons for the decreasing ROE and to evaluate the company's future prospects.
Peer comparison
Jan 31, 2025