Chewy Inc (CHWY)

Return on equity (ROE)

Jan 31, 2025 Oct 31, 2024 Oct 27, 2024 Jul 31, 2024 Jul 28, 2024 Apr 30, 2024 Apr 28, 2024 Jan 31, 2024 Jan 28, 2024 Oct 31, 2023 Oct 29, 2023 Jul 31, 2023 Jul 30, 2023 Apr 30, 2023 Jan 31, 2023 Jan 29, 2023 Oct 31, 2022 Oct 30, 2022 Jul 31, 2022 May 1, 2022
Net income (ttm) US$ in thousands 329,773 606,098 669,063 732,028 467,174 202,320 99,613 -2,656 -16,712 -30,768 27,901 69,377 55,274 37,378 16,830 33,071 45,439 61,600 -4,320 -90,274
Total stockholders’ equity US$ in thousands 261,459 223,422 223,422 486,749 486,749 642,916 642,916 510,244 510,244 393,167 396,590 364,629 367,613 282,365 213,957 160,268 163,955 163,955 117,391 58,610
ROE 126.13% 271.28% 299.46% 150.39% 95.98% 31.47% 15.49% -0.52% -3.28% -7.83% 7.04% 19.03% 15.04% 13.24% 7.87% 20.63% 27.71% 37.57% -3.68% -154.02%

January 31, 2025 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $329,773K ÷ $261,459K
= 126.13%

Chewy Inc's return on equity (ROE) has shown significant fluctuations over the past few years. The ROE was negative in May 2022 at -154.02%, indicating that the company's net income was insufficient to cover shareholder equity. However, there was a gradual improvement in the ROE, reaching positive territory in October 2022 at 37.57%.

Subsequently, the ROE continued to increase in the following quarters, peaking at 299.46% in October 2024, indicating that the company was generating substantial profits relative to its shareholder equity. This exceptional performance was also evident in the subsequent quarter, with ROE at 271.28%.

In the last reported quarter in January 2025, the ROE decreased to 126.13%, which is still a strong performance, indicating that Chewy Inc continues to generate a healthy return relative to shareholder equity. Overall, the trend in ROE shows improvement and volatility, with some periods of negative performance being offset by periods of exceptional profitability.