Carter’s Inc (CRI)

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	232,500	206,169	204,999	218,102	250,039	266,833	286,852	321,485	339,748	341,789	338,054	274,607	109,717	135,850	114,861	150,642	263,802	269,216	280,734	274,065
Total stockholders’ equity	US$ in thousands	845,250	785,311	775,009	797,893	796,409	788,202	820,866	915,290	950,186	1,054,870	1,097,500	1,029,610	938,033	821,881	733,278	716,002	880,130	812,734	827,897	849,404
ROE		27.51%	26.25%	26.45%	27.33%	31.40%	33.85%	34.95%	35.12%	35.76%	32.40%	30.80%	26.67%	11.70%	16.53%	15.66%	21.04%	29.97%	33.12%	33.91%	32.27%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $232,500K ÷ $845,250K
= 27.51%

The return on equity (ROE) for Carter’s Inc has shown some fluctuation over the past few quarters.
In the most recent quarter, as of December 31, 2023, the ROE was 27.51%, representing a slight decrease from the previous quarter.
However, compared to the same quarter in the prior year, the ROE has decreased significantly.
Looking at the trend over the past five quarters, the ROE has been on a downward trajectory since reaching a peak of 35.76% on March 31, 2022.
Overall, while the ROE has remained relatively healthy, it is important to monitor the trend and assess the factors contributing to the fluctuations in order to ensure sustained profitability and efficiency in utilizing shareholders' equity.