Buckle Inc (BKE)

Return on equity (ROE)

		Feb 3, 2024	Jan 28, 2023	Jan 29, 2022	Jan 30, 2021	Feb 1, 2020
Net income	US$ in thousands	219,919	254,626	254,820	130,139	104,429
Total stockholders’ equity	US$ in thousands	413,220	376,314	312,924	396,629	389,148
ROE		53.22%	67.66%	81.43%	32.81%	26.84%

February 3, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $219,919K ÷ $413,220K
= 53.22%

Buckle Inc's return on equity (ROE) has displayed varying trends over the past five years. The ROE stood at 53.22% as of Feb 3, 2024, representing a decrease from the previous year's figure of 67.66%. This decline suggests a potential decrease in the company's ability to generate profits from its shareholders' equity.

Comparing the ROE in 2024 to that of 2020, the company has shown a notable improvement, with the ROE increasing from 26.84% to 53.22%. This indicates a positive trajectory in utilizing shareholder equity to generate profits over the years.

However, in comparison to the peak ROE of 81.43% in 2022, the current ROE of 53.22% falls short, signaling a potential decrease in profitability efficiency during the period under review. Further analysis of the company's financial performance and strategies may be required to understand the factors contributing to these trends in ROE.