Chuy's Holdings Inc (CHUY)

Return on equity (ROE)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	31,510	20,855	30,176	-3,294	6,215
Total stockholders’ equity	US$ in thousands	249,847	244,561	262,794	241,858	194,936
ROE		12.61%	8.53%	11.48%	-1.36%	3.19%

December 31, 2023 calculation

ROE = Net income ÷ Total stockholders’ equity
= $31,510K ÷ $249,847K
= 12.61%

Chuy`s Holdings Inc's return on equity (ROE) has shown fluctuations over the past five years. The ROE for December 31, 2023, stood at 12.61%, representing an increase compared to the prior year's 8.53%. This indicates that the company generated a higher return on equity relative to its shareholders' equity during that period.

The ROE for December 26, 2021, was 11.48%, which was also an improvement from the negative ROE of -1.36% on December 27, 2020. The negative ROE in 2020 suggests that the company's net income was not sufficient to cover shareholder equity, resulting in a loss for shareholders during that period.

Additionally, the ROE for December 29, 2019, was 3.19%, showing a slight increase compared to the previous year. Overall, the trend in ROE for Chuy`s Holdings Inc has been mixed, with fluctuations reflecting changes in the company's profitability and efficiency in generating returns for its shareholders. Further analysis of the company's financial performance and operational activities would be necessary to understand the factors driving these fluctuations in ROE over the years.