RH (RH)
Return on equity (ROE)
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 127,561 | 528,642 | 688,546 | 271,815 | 220,375 |
| Total stockholders’ equity | US$ in thousands | -297,394 | 784,661 | 1,170,280 | 447,026 | 18,651 |
| ROE | — | 67.37% | 58.84% | 60.81% | 1,181.57% |
February 3, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $127,561K ÷ $-297,394K
= —
The return on equity (ROE) for RH has shown significant fluctuations over the past five years. In fiscal year 2020 (ending February 1, 2020), the ROE spiked unexpectedly to an exceptionally high 1,181.57%, indicating potentially abnormal financial results for that year. Subsequently, in the following years, the ROE decreased, but still remained relatively strong at 60.81% in January 2021, 58.84% in January 2022, and 67.37% in January 2023. However, the most recent data for February 3, 2024, is listed as "—," suggesting that this information may not be available at the current time.
The fluctuation in ROE could be attributed to various factors such as changes in profitability, financial leverage, or shareholder equity. It would be important to further investigate the specific financial performance metrics and underlying factors that have influenced the ROE trends for RH over the years to gain a more comprehensive understanding of the company's financial health and performance.
Peer comparison
Feb 3, 2024