National Beverage Corp (FIZZ)
Return on equity (ROE)
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Apr 27, 2024 | Jan 31, 2024 | Jan 27, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 185,781 | 189,859 | 183,814 | 166,626 | 166,693 | 166,760 | 176,799 | 186,838 | 179,353 | 171,868 | 156,598 | 141,328 | 141,071 | 140,814 | 141,907 | 143,000 | 141,298 | 136,320 | 131,934 | 135,764 |
| Total stockholders’ equity | US$ in thousands | 400,236 | 360,144 | 306,596 | 559,512 | 559,512 | 510,221 | 510,221 | 467,170 | 467,170 | 422,075 | 422,075 | 372,487 | 372,487 | 339,504 | 339,504 | 295,115 | 295,115 | 264,106 | 264,106 | 239,438 |
| ROE | 46.42% | 52.72% | 59.95% | 29.78% | 29.79% | 32.68% | 34.65% | 39.99% | 38.39% | 40.72% | 37.10% | 37.94% | 37.87% | 41.48% | 41.80% | 48.46% | 47.88% | 51.62% | 49.95% | 56.70% |
January 31, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $185,781K ÷ $400,236K
= 46.42%
National Beverage Corp's return on equity (ROE) has shown some fluctuation over the period from April 2022 to January 2025. The ROE ranged from a high of 56.70% in April 2022 to a low of 29.78% in April 2024. The trend was generally downward from 2022 to 2024 before experiencing a significant increase to 59.95% in July 2024. However, the ROE decreased again to 46.42% by January 2025.
The ROE of a company reflects its efficiency in generating profits from shareholders' equity. A higher ROE suggests that the company is effectively utilizing its equity to generate profits for its shareholders. In the case of National Beverage Corp, the fluctuation in ROE indicates varying levels of profitability and efficiency in the utilization of equity over the period analyzed.
Investors and analysts may want to further investigate the reasons behind the fluctuations in ROE to better understand the company's financial performance and sustainability. Additional analysis of the company's financial statements and business operations can provide insights into the factors driving the changes in ROE and help assess the company's overall financial health.
Peer comparison
Jan 31, 2025