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

Company name
Symbol
ROE
National Vision Holdings Inc
EYE
-7.95%
STAAR Surgical Company
STAA
5.53%
The Cooper Companies Inc.
COO
3.78%