G-III Apparel Group Ltd (GIII)

Return on equity (ROE)

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020
Net income (ttm)	US$ in thousands	193,566	173,636	186,508	178,734	176,168	-114,605	-181,142	-161,261	-133,863	176,486	222,057	204,906	200,593	166,805	123,305	89,161	23,545	34,191	66,404	92,499
Total stockholders’ equity	US$ in thousands	1,679,480	1,648,730	1,512,640	1,519,880	1,550,260	1,503,220	1,382,120	32,100	1,385,450	1,622,260	1,584,000	1,558,290	1,519,910	1,486,240	1,380,610	1,357,880	1,336,240	1,310,270	1,237,750	1,246,230
ROE		11.53%	10.53%	12.33%	11.76%	11.36%	-7.62%	-13.11%	-502.37%	-9.66%	10.88%	14.02%	13.15%	13.20%	11.22%	8.93%	6.57%	1.76%	2.61%	5.36%	7.42%

January 31, 2025 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $193,566K ÷ $1,679,480K
= 11.53%

Based on the provided data, G-III Apparel Group Ltd's return on equity (ROE) has fluctuated significantly over the reporting periods. The ROE started at 7.42% in April 2020 and experienced a declining trend until January 2021, reaching a low of 1.76%. However, the company managed to recover and increase its ROE to 14.02% by July 2022.

Subsequently, there was a notable decline in ROE, with negative values reported in April 2023 (-502.37%) and July 2023 (-13.11%). The company's ROE improved again by January 2024 to 11.36% and continued to stay above 10% until October 2024.

Overall, G-III Apparel Group Ltd's ROE exhibited significant volatility over the years, showing both positive and negative values. It is crucial for stakeholders to monitor the factors influencing these fluctuations closely to assess the company's financial performance and sustainability.