BJs Restaurants Inc (BJRI)

Return on equity (ROE)

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	16,687	30,004	29,127	23,902	19,660	15,570	17,732	6,097	4,076	-4,543	-5,077	995	-3,606	-17,032	-21,440	-56,759	-57,885	-25,290	-15,035	28,107
Total stockholders’ equity	US$ in thousands	370,017	376,175	386,489	375,352	365,761	360,970	366,046	351,234	345,515	339,014	340,344	337,662	333,771	335,462	335,134	325,733	293,788	308,911	312,594	271,904
ROE		4.51%	7.98%	7.54%	6.37%	5.38%	4.31%	4.84%	1.74%	1.18%	-1.34%	-1.49%	0.29%	-1.08%	-5.08%	-6.40%	-17.43%	-19.70%	-8.19%	-4.81%	10.34%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $16,687K ÷ $370,017K
= 4.51%

BJs Restaurants Inc's return on equity (ROE) experienced fluctuations over the past few years, reflecting the company's performance in utilizing shareholder equity to generate profits.

From March 2020 to December 2021, the ROE was consistently negative, indicating the company was not effectively generating returns on shareholders' investments. However, starting from March 2022, there was a gradual improvement in ROE.

By December 2024, the ROE had reached 4.51%, showing a positive trend in the company's ability to generate profits relative to shareholders' equity. The increasing trend in ROE from 2022 to 2024 suggests that BJs Restaurants Inc has improved its efficiency in using equity to drive profitability.

Overall, while there were challenges in the past, the recent positive ROE figures indicate a potential turnaround in the company's performance and its ability to create value for its shareholders.