Chewy Inc (CHWY)
Return on equity (ROE)
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 39,580 | 49,232 | -73,817 | -92,486 | -252,370 |
| Total stockholders’ equity | US$ in thousands | 510,244 | 160,268 | 14,736 | -2,004 | -403,974 |
| ROE | 7.76% | 30.72% | -500.93% | — | — |
January 28, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $39,580K ÷ $510,244K
= 7.76%
Chewy Inc's Return on Equity (ROE) has shown significant fluctuations over the past five years. In January 2024, the company reported an ROE of 7.76%, which signifies a decrease from the previous year's ROE of 30.72%. This decline may indicate a reduction in the company's profitability relative to its equity base.
The ROE figure for January 2022 is notably negative at -500.93%, which reflects a situation where the company's net income is insufficient to cover its equity investments. This extreme negative ROE suggests financial distress and operational inefficiencies during that period.
Unfortunately, there is no ROE data available for January 2021 and February 2020, which makes it challenging to draw a complete trend analysis. However, the available data indicates that Chewy Inc has experienced fluctuations in its ROE, with significant variations in profitability and efficiency in utilizing its shareholders' equity over the past five years. Further analysis of the company's financial performance and operational strategies may offer insights into these fluctuations and provide a more comprehensive understanding of Chewy Inc's financial health and outlook.
Peer comparison
Jan 28, 2024