Dave & Buster’s Entertainment (PLAY)

Return on equity (ROE)

		Feb 4, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Feb 2, 2020
Net income	US$ in thousands	126,900	137,135	108,640	-206,974	100,263
Total stockholders’ equity	US$ in thousands	251,200	410,500	275,500	153,232	169,650
ROE		50.52%	33.41%	39.43%	-135.07%	59.10%

February 4, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $126,900K ÷ $251,200K
= 50.52%

Dave & Buster’s Entertainment has shown varying levels of return on equity (ROE) over the past five years. In the most recent fiscal year ending on February 4, 2024, the company achieved an ROE of 50.52%, indicating that for every dollar of shareholders' equity, the company generated a profit of $0.5052. This represents a significant improvement compared to the previous year, when the ROE was 33.41%.

Looking back further, in fiscal year 2022, the ROE was 39.43%, demonstrating a consistent positive trend in profitability. However, in fiscal year 2021, the company's ROE was notably negative at -135.07%, reflecting financial difficulties and a substantial loss relative to shareholder equity.

The highest ROE over the period was seen in fiscal year 2020, at 59.10%, indicating strong profitability and efficiency in utilizing shareholder funds. Overall, the fluctuation in ROE suggests that Dave & Buster’s Entertainment has experienced varying levels of profitability and efficiency in generating returns for its shareholders over the past five years.