Burlington Stores Inc (BURL)
Return on equity (ROE)
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 339,649 | 297,391 | 265,623 | 246,697 | 230,123 | 166,559 | 163,395 | 253,983 | 408,839 | 443,197 | 437,594 | 288,259 | -216,499 | -166,168 | -77,725 | 53,623 | 465,116 | 443,142 | 423,532 | 409,922 |
| Total stockholders’ equity | US$ in thousands | 996,932 | 850,476 | 825,859 | 801,474 | 794,905 | 638,728 | 633,877 | 716,156 | 760,417 | 716,807 | 675,695 | 539,892 | 464,754 | 286,576 | 262,260 | 279,101 | 528,149 | 391,588 | 315,137 | 278,548 |
| ROE | 34.07% | 34.97% | 32.16% | 30.78% | 28.95% | 26.08% | 25.78% | 35.46% | 53.77% | 61.83% | 64.76% | 53.39% | -46.58% | -57.98% | -29.64% | 19.21% | 88.07% | 113.17% | 134.40% | 147.16% |
February 3, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $339,649K ÷ $996,932K
= 34.07%
Burlington Stores Inc's return on equity (ROE) has fluctuated over the past several quarters. ROE measures the company's ability to generate profits from shareholders' equity.
Starting from August 2019, the ROE steadily increased from 147.16% to a peak of 64.76% in October 2021. The company demonstrated strong profitability during this period, with ROE consistently exceeding 50%.
However, in the following quarters, ROE experienced a significant decline. By January 2022, ROE dropped to -46.58% and continued to deteriorate, reaching a low of -57.98% in April 2023. These negative ROE figures suggest that the company was not generating profits efficiently relative to shareholders' equity.
Subsequently, there was a notable improvement in ROE performance. By February 2024, Burlington Stores Inc's ROE rebounded to 34.07%, indicating a positive trend in profitability and efficiency in generating returns for shareholders.
Overall, while the company experienced fluctuations in ROE, it is essential for investors and analysts to monitor Burlington Stores Inc's ability to sustain and improve its return on equity to ensure long-term profitability and shareholder value.
Peer comparison
Feb 3, 2024