National Beverage Corp (FIZZ)
Return on equity (ROE)
| Apr 27, 2024 | Jan 27, 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 | Jan 25, 2020 | Oct 26, 2019 | Jul 27, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 176,732 | 169,314 | 164,083 | 156,341 | 142,164 | 140,205 | 136,912 | 140,150 | 158,512 | 163,299 | 168,918 | 176,798 | 174,146 | 171,228 | 161,104 | 146,594 | 129,972 | 119,894 | 118,142 | 126,565 |
| Total stockholders’ equity | US$ in thousands | 559,512 | 510,221 | 467,170 | 422,075 | 372,487 | 339,504 | 295,115 | 264,106 | 239,438 | 206,250 | 446,846 | 408,290 | 355,997 | 316,016 | 558,076 | 508,940 | 452,337 | 422,202 | 399,513 | 366,236 |
| ROE | 31.59% | 33.18% | 35.12% | 37.04% | 38.17% | 41.30% | 46.39% | 53.07% | 66.20% | 79.18% | 37.80% | 43.30% | 48.92% | 54.18% | 28.87% | 28.80% | 28.73% | 28.40% | 29.57% | 34.56% |
April 27, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $176,732K ÷ $559,512K
= 31.59%
The Return on Equity (ROE) for National Beverage Corp has shown a fluctuating trend over the past several quarters. The ROE has generally been on an upward trajectory, peaking at 79.18% in January 2022 and then gradually declining to 29.57% in July 2021.
The company experienced a significant increase in ROE from July 2021 to January 2022, indicating improved profitability and efficiency in generating returns for shareholders. However, the ROE declined in the subsequent quarters, reaching 29.57% in April 2022.
Despite the fluctuations, the ROE figures have generally been above the industry average, reflecting National Beverage Corp's ability to generate strong returns on the equity invested in the business. Investors and analysts may need to further investigate the factors driving the fluctuations in ROE to assess the company's long-term profitability and financial performance.
Peer comparison
Apr 27, 2024