Ollie's Bargain Outlet Hldg (OLLI)

Return on equity (ROE)

		Feb 3, 2024	Oct 28, 2023	Jul 29, 2023	Apr 29, 2023	Jan 28, 2023	Oct 29, 2022	Jul 30, 2022	Apr 30, 2022	Jan 29, 2022	Oct 30, 2021	Jul 31, 2021	May 1, 2021	Jan 30, 2021	Oct 31, 2020	Aug 1, 2020	May 2, 2020	Feb 1, 2020	Nov 2, 2019	Aug 3, 2019	May 4, 2019
Net income (ttm)	US$ in thousands	181,439	158,052	149,331	121,247	102,790	94,429	94,532	114,758	157,455	177,388	199,400	264,460	242,696	228,323	210,082	135,869	141,130	140,737	138,598	143,276
Total stockholders’ equity	US$ in thousands	1,508,230	1,440,370	1,414,980	1,383,960	1,362,070	1,318,120	1,312,190	1,302,440	1,287,710	1,260,480	1,399,110	1,386,640	1,334,880	1,267,480	1,218,050	1,094,180	1,058,880	1,006,940	1,017,470	988,376
ROE		12.03%	10.97%	10.55%	8.76%	7.55%	7.16%	7.20%	8.81%	12.23%	14.07%	14.25%	19.07%	18.18%	18.01%	17.25%	12.42%	13.33%	13.98%	13.62%	14.50%

February 3, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $181,439K ÷ $1,508,230K
= 12.03%

Ollie's Bargain Outlet Hldg's return on equity (ROE) has fluctuated over the past several reporting periods, ranging from a low of 7.16% in July 30, 2022, to a high of 19.07% in January 31, 2023.

The ROE trend indicates a general improvement in profitability and efficiency, as the company increased its ROE from 7.16% in July 30, 2022, to 12.03% in February 3, 2024. This suggests that the company has been utilizing its equity more effectively to generate profits for shareholders.

While there have been fluctuations in the ROE, overall, the trend seems positive, with ROE consistently remaining above 10% in recent periods. This indicates that the company is generating healthy returns for its shareholders relative to the equity invested.

It would be important to further analyze the factors contributing to the changes in ROE over time, such as changes in the company's profitability, asset turnover, and financial leverage, to gain a deeper understanding of Ollie's Bargain Outlet Hldg's performance and potential future outlook.