Monro Muffler Brake Inc (MNRO)
Return on equity (ROE)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -5,182 | 37,571 | 39,048 | 61,568 | 34,319 |
| Total stockholders’ equity | US$ in thousands | 620,761 | 656,775 | 694,922 | 782,906 | 749,684 |
| ROE | -0.83% | 5.72% | 5.62% | 7.86% | 4.58% |
March 31, 2025 calculation
ROE = Net income ÷ Total stockholders’ equity
= $-5,182K ÷ $620,761K
= -0.83%
Monro Muffler Brake Inc's return on equity (ROE) has shown some fluctuations over the past five years. In March 2021, the ROE stood at 4.58%, reflecting a relatively low return compared to the subsequent years. By March 2022, the company's ROE had improved to 7.86%, indicating better efficiency in generating profits relative to the shareholder's equity. However, in the following year, the ROE dropped to 5.62%, suggesting a slight decline in profitability compared to the previous year.
In March 2024 and 2025, Monro Muffler Brake Inc's ROE remained relatively stable at 5.72% and -0.83%, respectively. The negative ROE in March 2025 might raise concerns as it indicates that the company's net income was insufficient to cover the shareholder's equity, resulting in a loss on equity for that period.
Overall, Monro Muffler Brake Inc's ROE performance has been somewhat inconsistent, with periods of improvement followed by slight declines and even a negative return in the most recent year. Further analysis of the company's financial performance and operational efficiency may be necessary to understand the factors driving these fluctuations in ROE.
Peer comparison
Mar 31, 2025