Caleres Inc (CAL)
Return on equity (ROE)
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 107,255 | 171,391 | 163,874 | 181,742 | 181,742 |
| Total stockholders’ equity | US$ in thousands | 599,024 | 560,631 | 560,631 | 420,683 | 420,683 |
| ROE | 17.90% | 30.57% | 29.23% | 43.20% | 43.20% |
January 31, 2025 calculation
ROE = Net income ÷ Total stockholders’ equity
= $107,255K ÷ $599,024K
= 17.90%
Based on the provided data, Caleres Inc's return on equity (ROE) has shown a declining trend over the years. In January 2023, the ROE was 43.20%, which remained constant in the subsequent month. However, there was a noticeable drop in ROE to 29.23% in January 2024, followed by a slight increase to 30.57% in February 2024. The most recent data point, in January 2025, indicates a further decrease in ROE to 17.90%.
This downward trend in ROE suggests that Caleres Inc's profitability relative to shareholders' equity has been weakening over time. It is important for the company to assess the factors contributing to this decline and take necessary actions to improve its ROE in order to enhance value for its shareholders.
Peer comparison
Jan 31, 2025