Hanesbrands Inc (HBI)
Return on equity (ROE)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -320,431 | -229,610 | -298,360 | -22,444 | -17,726 | -513,775 | -394,875 | -280,310 | -127,204 | 350,937 | 422,613 | 459,188 | 77,224 | -314,973 | -363,472 | -330,967 | -75,579 | 441,571 | 526,069 | 518,860 |
| Total stockholders’ equity | US$ in thousands | 34,010 | 149,344 | 64,403 | 338,174 | 419,353 | 274,036 | 347,960 | 339,526 | 398,264 | 674,884 | 712,171 | 779,416 | 702,493 | 636,569 | 562,190 | 484,481 | 813,958 | 1,149,530 | 1,079,320 | 873,571 |
| ROE | -942.17% | -153.75% | -463.27% | -6.64% | -4.23% | -187.48% | -113.48% | -82.56% | -31.94% | 52.00% | 59.34% | 58.91% | 10.99% | -49.48% | -64.65% | -68.31% | -9.29% | 38.41% | 48.74% | 59.40% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-320,431K ÷ $34,010K
= -942.17%
Hanesbrands Inc's return on equity (ROE) has shown significant fluctuations over the past few years. The ROE was strong at 59.40% in March 2020 but decreased to 48.74% in June 2020 before declining further to 38.41% in September 2020. It then turned negative, reaching -9.29% by December 2020 and deteriorating to -68.31% by March 2021.
The negative trend continued through June 2021 and September 2021, with ROE figures of -64.65% and -49.48%, respectively. There was a slight improvement to 10.99% by December 2021, but this was followed by another decline to -31.94% by December 2022.
The ROE performance worsened significantly in the following periods, with negative figures of -82.56%, -113.48%, -187.48%, -4.23%, -6.64%, -463.27%, -153.75%, and -942.17% in subsequent quarters up to December 2024.
Overall, the company's ROE has been highly volatile, showing both positive and negative values. The negative ROE figures indicate that the company's net income was not sufficient to cover shareholders' equity, raising concerns about profitability and efficiency in generating returns for investors.