Dick’s Sporting Goods Inc (DKS)
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 | 1,046,519 | 985,707 | 1,013,057 | 1,087,228 | 1,043,138 | 1,153,610 | 1,241,667 | 1,418,674 | 1,519,871 | 1,393,392 | 1,254,095 | 1,035,429 | 530,251 | 380,456 | 248,865 | 127,025 | 346,520 | 418,710 | 425,951 | 433,475 |
| Total stockholders’ equity | US$ in thousands | 2,617,280 | 2,384,700 | 2,644,360 | 2,674,170 | 2,524,620 | 2,377,170 | 2,173,510 | 2,194,610 | 2,101,590 | 2,530,820 | 3,005,380 | 2,598,720 | 2,339,530 | 2,121,640 | 1,930,300 | 1,672,020 | 1,731,600 | 1,708,900 | 1,765,090 | 1,826,040 |
| ROE | 39.98% | 41.33% | 38.31% | 40.66% | 41.32% | 48.53% | 57.13% | 64.64% | 72.32% | 55.06% | 41.73% | 39.84% | 22.66% | 17.93% | 12.89% | 7.60% | 20.01% | 24.50% | 24.13% | 23.74% |
February 3, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,046,519K ÷ $2,617,280K
= 39.98%
The return on equity (ROE) of Dick’s Sporting Goods Inc has displayed fluctuations over the past several quarters. The ROE has ranged from a low of 7.60% on May 2, 2020, to a high of 72.32% on Jan 29, 2022. The ROE was notably high in the early part of 2022, exceeding 60% for three consecutive quarters. However, by the fourth quarter of 2022 and into 2023, the ROE began to decline, falling to 38.31% by July 29, 2023. Subsequently, the ROE experienced an upward trend, reaching 41.33% by Oct 28, 2023.
Overall, despite some fluctuations, Dick’s Sporting Goods Inc has generally maintained a relatively healthy ROE, consistently staying above 20% for most of the periods analyzed. This indicates the company's ability to generate profit from shareholders' equity. Further analysis would be needed to understand the specific factors driving these fluctuations and to assess the company's performance and financial health more comprehensively.
Peer comparison
Feb 3, 2024