National Vision Holdings Inc (EYE)
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 | -65,901 | -59,175 | 26,125 | 30,245 | 42,122 | 57,602 | 87,092 | 114,959 | 128,244 | 157,104 | 151,401 | 69,967 | 36,277 | 5,118 | -28,979 | 25,111 | 32,798 | 10,438 | 14,417 | 16,627 |
| Total stockholders’ equity | US$ in thousands | 829,418 | 840,352 | 908,412 | 896,726 | 901,113 | 906,925 | 891,669 | 950,726 | 925,980 | 988,557 | 938,337 | 887,532 | 906,502 | 864,963 | 820,939 | 786,160 | 776,437 | 765,471 | 774,434 | 762,580 |
| ROE | -7.95% | -7.04% | 2.88% | 3.37% | 4.67% | 6.35% | 9.77% | 12.09% | 13.85% | 15.89% | 16.14% | 7.88% | 4.00% | 0.59% | -3.53% | 3.19% | 4.22% | 1.36% | 1.86% | 2.18% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-65,901K ÷ $829,418K
= -7.95%
National Vision Holdings Inc's return on equity (ROE) has displayed fluctuations over the given periods. The ROE ranged from -7.95% to 16.14% over the past five years. The company experienced a declining trend from 2018 to 2021, with negative ROE figures in some quarters. However, there was a notable improvement in ROE in 2022, showing a positive trend and reaching a peak of 16.14% in the third quarter.
The ROE indicates how efficiently the company generates profits from shareholders' equity. A higher ROE is generally favorable as it suggests effective utilization of equity capital. The company's recent positive ROE figures indicate improved profitability and efficiency in utilizing equity to generate earnings. It is important for investors to monitor the trend in ROE over time to assess the company's financial performance and sustainability.
Peer comparison
Dec 31, 2023