Designer Brands Inc (DBI)
Return on equity (ROE)
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 29,062 | 162,676 | 154,481 | -488,719 | 94,497 |
| Total stockholders’ equity | US$ in thousands | 362,508 | 436,056 | 412,396 | -3,286 | -2,495 |
| ROE | 8.02% | 37.31% | 37.46% | — | — |
February 3, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $29,062K ÷ $362,508K
= 8.02%
Designer Brands Inc's return on equity (ROE) has fluctuated significantly in recent years. In the most recent fiscal year ending February 3, 2024, the ROE stood at 8.02%, reflecting a notable decrease from the previous year's 37.31%. This decline suggests a decrease in the company's ability to generate profits from shareholders' equity.
In fiscal year 2023, Designer Brands Inc's ROE was robust at 37.31%, indicating strong profitability relative to shareholders' equity. The company had also achieved a similar ROE of 37.46% in the previous fiscal year 2022, showcasing consistent performance in generating returns for its equity investors.
Notably, there is missing data for the fiscal year 2021 and 2020, making it challenging to assess the continuity of the company's ROE trend during those periods. In summary, Designer Brands Inc has experienced varying levels of ROE performance, with a recent decrease in profitability relative to shareholders' equity in the most recent fiscal year. This trend underscores the importance of closely monitoring the company's financial performance and assessing factors influencing its profitability ratios.
Peer comparison
Feb 3, 2024