BJs Restaurants Inc (BJRI)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 16,687 | 19,660 | 4,076 | -3,606 | -57,885 |
| Total stockholders’ equity | US$ in thousands | 370,017 | 365,761 | 345,515 | 333,771 | 293,788 |
| ROE | 4.51% | 5.38% | 1.18% | -1.08% | -19.70% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $16,687K ÷ $370,017K
= 4.51%
Based on the provided data, BJs Restaurants Inc's return on equity (ROE) has shown fluctuations over the past five years. The company experienced a negative ROE of -19.70% as of December 31, 2020, indicating that its net income was insufficient to generate a positive return for shareholders' equity.
However, there has been a significant improvement in the company's ROE performance in subsequent years. By December 31, 2021, the ROE improved to -1.08%, suggesting the company was able to reduce its losses relative to shareholders' equity.
By December 31, 2022, the ROE turned positive at 1.18%, indicating that the company was generating a modest return on shareholders' equity. This positive trend continued in the following years, with the ROE reaching 5.38% as of December 31, 2023, and further increasing to 4.51% by December 31, 2024.
Overall, the company has shown increasing profitability and efficiency in utilizing shareholders' equity to generate returns over the five-year period under consideration. It is important for investors and stakeholders to monitor this trend to assess the company's financial performance and potential for future growth.
Peer comparison
Dec 31, 2024