Caleres Inc (CAL)
Return on equity (ROE)
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 171,391 | 181,742 | 137,019 | -439,114 | 62,819 |
| Total stockholders’ equity | US$ in thousands | 560,631 | 420,683 | 318,570 | 200,247 | 645,950 |
| ROE | 30.57% | 43.20% | 43.01% | -219.29% | 9.73% |
February 3, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $171,391K ÷ $560,631K
= 30.57%
Caleres Inc's return on equity (ROE) has shown fluctuations over the past five years. In the most recent fiscal year ending on February 3, 2024, the ROE was 30.57%, indicating a moderate profitability level. In the preceding fiscal year, the ROE was notably higher at 43.20%, suggesting an improved performance in generating profits relative to shareholders' equity.
Looking back further, Caleres Inc also achieved a ROE of 43.01% on January 29, 2022, reflecting strong profitability for that year. However, on January 30, 2021, the company reported a negative ROE of -219.29%, suggesting substantial losses relative to shareholders' equity, which could be concerning for investors.
The trend continued to improve by February 1, 2020, with a ROE of 9.73%, indicating a recovery in profitability compared to the previous year but still below the levels seen in the later years. Overall, Caleres Inc's ROE has exhibited variability, with periods of strong profitability and challenges in certain fiscal years.
Peer comparison
Feb 3, 2024