Buckle Inc (BKE)
Return on equity (ROE)
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 195,468 | 197,851 | 233,260 | 245,767 | 262,686 | 228,745 | 194,804 | 185,978 | 177,152 | 219,354 | 261,556 | 280,006 | 298,456 | 260,758 | 223,060 | 216,928 | 239,457 | 273,228 | 285,301 | 292,264 |
| Total stockholders’ equity | US$ in thousands | 423,804 | 488,389 | 458,644 | 433,815 | 413,220 | 413,220 | 474,018 | 474,018 | 436,536 | 436,536 | 405,174 | 405,174 | 376,314 | 376,314 | 435,607 | 435,607 | 388,978 | 388,978 | 353,593 | 312,924 |
| ROE | 46.12% | 40.51% | 50.86% | 56.65% | 63.57% | 55.36% | 41.10% | 39.23% | 40.58% | 50.25% | 64.55% | 69.11% | 79.31% | 69.29% | 51.21% | 49.80% | 61.56% | 70.24% | 80.69% | 93.40% |
January 31, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $195,468K ÷ $423,804K
= 46.12%
The return on equity (ROE) of Buckle Inc has shown fluctuation over the analyzed period. Starting at a high of 93.40% in January 2022, the ROE gradually declined to 46.12% by January 2025. This indicates a downward trend in the company's ability to generate profits from shareholders' equity.
The peak ROE of 93.40% suggests that Buckle Inc was very efficient in utilizing its equity to generate profit at the beginning of the period. However, the subsequent decrease in ROE may indicate challenges in maintaining or improving profitability levels relative to the amount of equity invested in the company.
It is worth noting that ROE is a key indicator of a company's profitability and efficiency in using shareholder funds to generate earnings. The declining trend in Buckle Inc's ROE could be a concern for investors and stakeholders who rely on this metric to evaluate the company's performance and potential for future growth. Further analysis of the company's financial statements and business operations may be needed to understand the factors driving this decline in ROE and identify potential areas for improvement.
Peer comparison
Jan 31, 2025