PVH Corp (PVH)

Return on equity (ROE)

		Feb 4, 2024	Oct 29, 2023	Jul 30, 2023	Apr 30, 2023	Jan 29, 2023	Oct 30, 2022	Jul 31, 2022	May 1, 2022	Jan 30, 2022	Oct 31, 2021	Aug 1, 2021	May 2, 2021	Jan 31, 2021	Nov 1, 2020	Aug 2, 2020	May 3, 2020	Feb 2, 2020	Nov 3, 2019	Aug 4, 2019	May 5, 2019
Net income (ttm)	US$ in thousands	663,600	530,500	182,200	203,300	200,400	452,500	918,900	985,500	952,300	503,800	293,900	60,600	-1,136,100	-1,145,800	-1,006,400	-761,500	417,300	643,400	677,300	649,000
Total stockholders’ equity	US$ in thousands	5,118,900	5,054,300	5,037,600	5,126,400	5,012,700	4,822,800	5,206,400	5,268,500	5,288,800	5,171,700	5,032,800	4,839,400	4,730,300	4,676,200	4,583,500	4,513,400	5,811,500	5,985,100	5,871,700	5,761,500
ROE		12.96%	10.50%	3.62%	3.97%	4.00%	9.38%	17.65%	18.71%	18.01%	9.74%	5.84%	1.25%	-24.02%	-24.50%	-21.96%	-16.87%	7.18%	10.75%	11.53%	11.26%

February 4, 2024 calculation

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

The return on equity (ROE) of PVH Corp has shown fluctuations over the past several quarters. In the most recent period ending on February 4, 2024, the ROE stood at 12.96%, indicating a healthy return generated on shareholders' equity. This represents an improvement compared to the previous quarter's ROE of 10.50% on October 29, 2023.

The ROE had experienced a significant decline in the quarter ending on July 30, 2023, where it dropped to 3.62%. This low ROE may raise concerns about the company's efficiency in utilizing shareholder funds to generate profits. However, there was a slight recovery in the subsequent quarter ending on April 30, 2023, with the ROE increasing to 3.97%.

Looking back at earlier periods, the ROE had shown stronger performance in the quarter ending on May 1, 2022, with a robust ROE of 18.71%. Similarly, in the quarter ending on July 31, 2022, and May 2, 2021, the ROE was also relatively high at 17.65% and 11.53%, respectively.

On the other hand, there were periods of lower ROE, such as the quarter ending on November 1, 2020, where the ROE was negative at -24.50%, indicating that the company incurred a loss in that period.

Overall, the trend in PVH Corp's ROE suggests variations in the profitability and efficiency of the company in generating returns for its shareholders. It is important for stakeholders to monitor these fluctuations closely to assess the company's financial performance and sustainability.