PVH Corp (PVH)

Return on equity (ROE)

		Feb 4, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Feb 2, 2020
Net income	US$ in thousands	663,600	200,400	952,300	-1,136,100	417,300
Total stockholders’ equity	US$ in thousands	5,118,900	5,012,700	5,288,800	4,730,300	5,811,500
ROE		12.96%	4.00%	18.01%	-24.02%	7.18%

February 4, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $663,600K ÷ $5,118,900K
= 12.96%

The return on equity (ROE) for PVH Corp has fluctuated over the past five years, ranging from a low of -24.02% in January 2021 to a high of 18.01% in January 2022. The ROE improved significantly in January 2022, indicating better profitability in relation to shareholders' equity. However, it dropped sharply in January 2021, reflecting a period of poor profitability relative to the equity invested by shareholders.

The latest ROE figure as of February 4, 2024, is at 12.96%, which shows a moderate level of return on equity. Investors typically prefer companies with higher ROE figures as it signifies efficient use of equity capital to generate profits. PVH Corp's ROE performance indicates a mix of profitability levels over the past five years, with potential investor interest influenced by the varying levels of return on equity.