Chuy's Holdings Inc (CHUY)

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	31,510	28,507	26,422	23,559	20,855	24,370	25,381	29,040	30,176	25,966	22,792	15,764	-3,294	-6,506	-11,149	-9,406	6,215	11,055	5,362	5,573
Total stockholders’ equity	US$ in thousands	249,847	249,227	261,407	252,578	244,561	248,959	255,750	248,234	262,794	264,195	263,339	249,348	241,858	238,950	235,115	181,396	194,936	195,293	198,292	194,923
ROE		12.61%	11.44%	10.11%	9.33%	8.53%	9.79%	9.92%	11.70%	11.48%	9.83%	8.66%	6.32%	-1.36%	-2.72%	-4.74%	-5.19%	3.19%	5.66%	2.70%	2.86%

December 31, 2023 calculation

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

The return on equity (ROE) for Chuy`s Holdings Inc has been steadily increasing over the last four quarters, starting at 8.53% in Q4 2022 and reaching 12.61% in Q4 2023. This indicates that the company has been effectively utilizing its equity to generate profit for its shareholders.

The consistent upward trend in ROE reflects well on the company's financial management and operational efficiency. It suggests that Chuy`s Holdings Inc is becoming more profitable over time in relation to the amount of equity invested by shareholders.

Overall, the increasing ROE demonstrates that Chuy`s Holdings Inc is effectively generating returns for its shareholders and is on a positive trajectory in terms of profitability and efficiency.