National Beverage Corp (FIZZ)
Return on equity (ROE)
| Apr 30, 2025 | Apr 30, 2024 | Apr 27, 2024 | Apr 30, 2023 | Apr 29, 2023 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 186,821 | 176,732 | 176,732 | 142,164 | 142,164 |
| Total stockholders’ equity | US$ in thousands | 443,999 | 559,512 | 559,512 | 372,487 | 372,487 |
| ROE | 42.08% | 31.59% | 31.59% | 38.17% | 38.17% |
April 30, 2025 calculation
ROE = Net income ÷ Total stockholders’ equity
= $186,821K ÷ $443,999K
= 42.08%
The analysis of National Beverage Corp's return on equity (ROE) over the specified periods indicates notable fluctuations and trends. As of April 29 and April 30, 2023, the ROE was consistently reported at 38.17%, suggesting a stable period of high profitability relative to shareholders' equity. Moving forward, by April 27 and April 30, 2024, the ROE declined to 31.59%, reflecting a decrease in profitability relative to equity and potentially indicating increased expenses, lower net income, or expanded equity base that has not been matched by proportional net income growth.
Subsequently, the ROE experienced an upward movement, reaching 42.08% as of April 30, 2025. This increase signifies a substantial improvement in the company's efficiency at generating returns on shareholders' equity, possibly driven by enhanced operational performance, improved profit margins, reduced equity base through dividends or share buybacks, or a combination of these factors.
Overall, the period reflects a dynamic pattern in ROE, with a decline in early 2024 followed by a significant rebound in 2025, indicating periods of both challenge and recovery in the company's ability to generate profitable returns for shareholders.
Peer comparison
Apr 30, 2025