Oxford Industries Inc (OXM)

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	60,703	152,822	161,706	166,865	165,735	159,094	165,413	160,261	131,321	93,696	57,107	-440	-95,692	-68,143	-55,871	-19,948	68,493	69,840	70,033	67,381
Total stockholders’ equity	US$ in thousands	560,914	627,113	624,629	607,425	556,270	533,039	534,016	513,420	507,664	495,469	473,699	427,901	405,728	418,946	431,550	438,695	528,598	516,816	518,949	493,172
ROE		10.82%	24.37%	25.89%	27.47%	29.79%	29.85%	30.98%	31.21%	25.87%	18.91%	12.06%	-0.10%	-23.59%	-16.27%	-12.95%	-4.55%	12.96%	13.51%	13.50%	13.66%

February 3, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $60,703K ÷ $560,914K
= 10.82%

The return on equity (ROE) for Oxford Industries Inc has fluctuated over the past few quarters. An analysis reveals that the ROE was relatively high in the first half of the fiscal year 2023, reaching a peak of 31.21% in April 2022. However, there was a gradual decline in ROE from then on, dropping to 10.82% by February 2024.

The trend indicates a period of strong profitability in mid to late fiscal year 2023, followed by a decrease. Notably, there was a significant decrease in ROE from May 2021 to January 2022, with negative ROE reported in May 2021 and an even lower figure of -23.59% in October 2021.

Overall, the company's ROE has shown volatility in recent quarters, with fluctuations reflecting changes in profitability and efficiency in generating returns for shareholders. Further analysis of the company's financial performance and strategic initiatives may provide insights into the factors driving these fluctuations in ROE.