Leslies Inc (LESL)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 17,948 | 27,242 | 68,695 | 119,134 | 143,221 | 159,029 | 145,636 | 141,452 | 142,440 | 126,634 | |||
| Total stockholders’ equity | US$ in thousands | -198,648 | -161,362 | -179,810 | -254,965 | -225,635 | -197,951 | -258,769 | -385,731 | -381,304 | -217,558 | -265,726 | -391,010 | -386,410 |
| ROE | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $17,948K ÷ $-198,648K
= —
Unfortunately, without the specific ROE values for Leslies Inc provided in the table, a detailed analysis of the return on equity trend over time cannot be conducted. However, typically, the return on equity (ROE) is a key profitability ratio that indicates how effectively a company is utilizing its equity to generate profits. A higher ROE is generally preferred as it suggests that the company is generating more profit from each unit of shareholders' equity.
To evaluate Leslies Inc's ROE effectively, it would be beneficial to compare the ROE figures over the different time periods provided in the table and track any trends or fluctuations. A consistent or improving ROE trend could suggest efficient management and better utilization of equity. Conversely, a declining ROE trend may indicate declining profitability or ineffective use of equity.
In addition to analyzing the trend, it would also be important to compare Leslies Inc's ROE with industry peers to gain a better understanding of its performance relative to competitors. Understanding the drivers behind any changes in ROE, such as changes in profitability, asset turnover, or leverage, would further enhance the analysis.
Overall, ROE analysis provides insights into a company's profitability and efficiency in generating returns for its shareholders, and a detailed examination of Leslies Inc's ROE figures over time would provide valuable insights into the company's financial performance and management effectiveness.
Peer comparison
Dec 31, 2023