Foot Locker Inc (FL)
Return on equity (ROE)
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 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 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 12,000 | -426,000 | -782,000 | -742,000 | -722,000 | -338,000 | 46,000 | 54,000 | 62,000 | 86,000 | 110,000 | 170,000 | 230,000 | 305,000 | 380,000 | 417,000 | 424,000 | 433,000 | 497,000 | 522,000 |
| Total stockholders’ equity | US$ in thousands | 2,909,000 | 2,868,000 | 2,897,000 | 2,886,000 | 2,890,000 | 2,890,000 | 3,205,000 | 3,205,000 | 3,247,000 | 3,247,000 | 3,283,000 | 3,283,000 | 3,293,000 | 3,293,000 | 3,252,000 | 3,259,000 | 3,210,000 | 3,217,000 | 3,215,000 | 3,243,000 |
| ROE | 0.41% | -14.85% | -26.99% | -25.71% | -24.98% | -11.70% | 1.44% | 1.68% | 1.91% | 2.65% | 3.35% | 5.18% | 6.98% | 9.26% | 11.69% | 12.80% | 13.21% | 13.46% | 15.46% | 16.10% |
January 31, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $12,000K ÷ $2,909,000K
= 0.41%
The return on equity (ROE) of Foot Locker Inc has exhibited a declining trend over the past few years. The ROE decreased from 16.10% as of January 31, 2022, to 0.41% as of January 31, 2025. This significant decrease indicates a weakening performance in generating profits from shareholders' equity.
The decline in ROE could be attributed to various factors such as decreasing net income, inefficient utilization of equity, or an increase in total equity. It is important for Foot Locker Inc to address the factors impacting ROE to improve its profitability and efficiency in utilizing shareholder equity.
Overall, the decreasing trend in ROE for Foot Locker Inc suggests a need for strategic improvements to enhance the company's profitability and generate higher returns for its shareholders.
Peer comparison
Jan 31, 2025