Bloomin Brands Inc (BLMN)

Return on equity (ROE)

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	247,386	262,161	249,619	117,707	101,907	104,561	76,024	222,204	215,555	140,645	119,559	-55,242	-158,715	-116,500	-89,615	31,662	130,573	113,476	108,300	106,000
Total stockholders’ equity	US$ in thousands	409,122	393,149	368,924	319,996	271,369	238,498	260,822	291,563	216,461	159,816	146,289	38,604	4,145	5,134	21,110	91,950	170,342	144,283	150,779	244,184
ROE		60.47%	66.68%	67.66%	36.78%	37.55%	43.84%	29.15%	76.21%	99.58%	88.00%	81.73%	-143.10%	-3,829.07%	-2,269.19%	-424.51%	34.43%	76.65%	78.65%	71.83%	43.41%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $247,386K ÷ $409,122K
= 60.47%

Bloomin Brands Inc's return on equity (ROE) has shown fluctuating trends over the past eight quarters. In Q4 2023, the ROE stood at 60.47%, followed by a slight increase to 66.68% in Q3 2023. The highest ROE during this period was in Q2 2023 at 67.66%. In the first quarter of 2023, the ROE decreased to 36.78%, showing a significant drop from the previous quarter.

Comparing the latest data to the same quarter in the previous year, Q4 2023 ROE (60.47%) improved from Q4 2022 (37.55%). However, Q3 2023 ROE (66.68%) was slightly lower than Q3 2022 (43.84%). Q2 2023 had a higher ROE of 67.66% compared to 29.15% in Q2 2022. Q1 2023 (36.78%) showed a lower ROE compared to Q1 2022 (76.21%).

Overall, Bloomin Brands Inc's ROE has displayed variability, with some quarters showing strong performance while others indicating a decline in the return generated on shareholders' equity. It would be important to further analyze the factors driving these fluctuations to assess the company's financial performance and sustainability.