Helen of Troy Ltd (HELE)
Return on equity (ROE)
| Feb 29, 2024 | Feb 28, 2023 | Feb 28, 2022 | Feb 28, 2021 | Feb 29, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 168,594 | 143,273 | 223,764 | 253,946 | 152,333 |
| Total stockholders’ equity | US$ in thousands | 1,637,440 | 1,488,810 | 1,327,340 | 1,239,350 | 1,161,720 |
| ROE | 10.30% | 9.62% | 16.86% | 20.49% | 13.11% |
February 29, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $168,594K ÷ $1,637,440K
= 10.30%
Helen of Troy Ltd's return on equity (ROE) has exhibited varying trends over the past five years. The ROE decreased from 13.11% in Feb 29, 2020, to 9.62% in Feb 28, 2023, before experiencing a slight uptick to 10.30% in Feb 29, 2024.
The highest ROE was recorded in Feb 28, 2021, at 20.49%, indicating strong profitability and efficiency in generating returns for shareholders during that period. However, there was a notable decline in ROE in the following year to 16.86%, suggesting a potential decrease in profitability and shareholder value creation.
Overall, the ROE of Helen of Troy Ltd has shown fluctuations, indicating varying levels of efficiency in utilizing shareholder equity to generate profits over the past five years. Further analysis of the company's financial performance and operational factors may provide insights into the drivers behind these ROE trends.