Designer Brands Inc (DBI)
Return on equity (ROE)
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 29,062 | 103,870 | 138,900 | 147,909 | 162,676 | 131,977 | 166,990 | 163,637 | 154,481 | 6,066 | -114,761 | -255,835 | -488,719 | -362,279 | -278,176 | -152,555 | 94,497 | 56,335 | 52,194 | -13,569 |
| Total stockholders’ equity | US$ in thousands | 362,508 | 390,792 | 462,962 | 443,247 | 436,056 | 383,512 | 360,948 | 416,793 | 412,396 | 393,661 | 311,112 | -2,743 | -3,286 | -4,758 | -4,919 | -6,209 | -2,495 | -2,337 | -2,586 | -3,266 |
| ROE | 8.02% | 26.58% | 30.00% | 33.37% | 37.31% | 34.41% | 46.26% | 39.26% | 37.46% | 1.54% | -36.89% | — | — | — | — | — | — | — | — | — |
February 3, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $29,062K ÷ $362,508K
= 8.02%
Designer Brands Inc's return on equity (ROE) has demonstrated variability over the past several quarters. The ROE ranged from a low of 1.54% to a high of 46.26% during this period. The ROE showed a general upward trend from the first quarter of 2021 to the second quarter of 2023, reaching a peak of 46.26%. However, there was a significant decline in ROE in the third quarter of 2023 to 1.54%, which may indicate a drop in profitability and efficiency in generating returns for shareholders.
It is important to note that negative ROE was recorded in the third quarter of 2021, implying that the company did not generate returns for shareholders during that period. This negative performance was followed by a notable rebound in the subsequent quarters.
Overall, the fluctuations in Designer Brands Inc's ROE suggest changing profitability and efficiency in the utilization of shareholders' equity. Further analysis and comparison with industry peers are recommended to gain a deeper understanding of the company's performance.
Peer comparison
Feb 3, 2024