Chewy Inc (CHWY)
Return on equity (ROE)
| Oct 27, 2024 | Jul 28, 2024 | Apr 28, 2024 | Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 404,209 | 364,905 | 85,995 | 41,957 | 13,798 | 51,481 | 53,619 | 49,232 | -20,481 | -55,033 | -94,064 | -73,817 | 10,840 | 10,234 | -5,897 | -92,486 | -174,474 | -220,627 | -270,686 | -252,370 |
| Total stockholders’ equity | US$ in thousands | 223,422 | 486,749 | 642,916 | 510,244 | 396,590 | 367,613 | 229,354 | 160,268 | 163,955 | 117,391 | 58,610 | 14,736 | 66,020 | 75,053 | 69,022 | -2,004 | -56,421 | -377,612 | -396,535 | -403,974 |
| ROE | 180.92% | 74.97% | 13.38% | 8.22% | 3.48% | 14.00% | 23.38% | 30.72% | -12.49% | -46.88% | -160.49% | -500.93% | 16.42% | 13.64% | -8.54% | — | — | — | — | — |
October 27, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $404,209K ÷ $223,422K
= 180.92%
Chewy Inc's return on equity (ROE) has fluctuated significantly over the past few quarters. In the most recent quarter, ending October 27, 2024, Chewy Inc reported a remarkably high ROE of 180.92%, indicating strong profitability relative to shareholders' equity. This is a substantial improvement from the previous quarter's ROE of 74.97%.
Looking back over the previous quarters, there have been instances of varying ROE levels. The company demonstrated a positive trend in ROE from the start of 2023 with an ROE of 30.72%, gradually increasing to 180.92% by the end of October 2024. However, there were periods of lower ROE such as negative returns seen in previous quarters.
It is essential to note the negative ROE figures, such as -12.49%, -46.88%, -160.49%, and -500.93%, as they indicate that Chewy Inc has experienced periods of not generating sufficient profits to cover the shareholders' equity, signifying potential financial challenges or inefficiencies during those times.
In conclusion, while Chewy Inc has shown significant improvements in ROE recently, investors and analysts should keep a close watch on the company's profitability trends to assess its financial performance and sustainability in the long run.
Peer comparison
Oct 27, 2024