Dick’s Sporting Goods Inc (DKS)
Return on equity (ROE)
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,165,307 | 1,161,771 | 1,230,391 | 1,069,267 | 995,078 | 942,976 | 890,874 | 994,417 | 1,097,960 | 1,089,250 | 1,080,540 | 1,004,347 | 928,154 | 1,011,035 | 1,093,916 | 1,126,019 | 1,243,656 | 1,271,247 | 1,269,258 | 1,325,212 |
| Total stockholders’ equity | US$ in thousands | 3,198,260 | 3,063,380 | 2,924,880 | 2,687,270 | 2,617,280 | 2,617,280 | 2,384,700 | 2,384,700 | 2,644,360 | 2,644,360 | 2,674,170 | 2,674,170 | 2,524,620 | 2,524,620 | 2,377,170 | 2,377,170 | 2,173,510 | 2,173,510 | 2,194,610 | 2,101,590 |
| ROE | 36.44% | 37.92% | 42.07% | 39.79% | 38.02% | 36.03% | 37.36% | 41.70% | 41.52% | 41.19% | 40.41% | 37.56% | 36.76% | 40.05% | 46.02% | 47.37% | 57.22% | 58.49% | 57.84% | 63.06% |
January 31, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,165,307K ÷ $3,198,260K
= 36.44%
Based on the provided data, Dick’s Sporting Goods Inc's return on equity (ROE) has shown some fluctuations over the past few years. The ROE was at a high of 63.06% as of January 31, 2022, indicating the company was generating $0.63 in profit for every $1 of shareholder equity.
However, the ROE gradually decreased to 36.44% as of January 31, 2025. This decline suggests that the company's ability to generate profits relative to its shareholders' equity has weakened over time.
It is important to analyze the factors that contributed to the decrease in ROE, such as changes in net income, total equity, or financial leverage. A declining ROE could be a cause for concern as it may indicate inefficiencies in the company's operations or the need for improvements in capital allocation strategies.
Overall, the trend in Dick’s Sporting Goods Inc's ROE highlights the importance of monitoring and understanding the financial performance of the company to make informed investment decisions.
Peer comparison
Jan 31, 2025