RH (RH)
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 | 127,561 | 223,076 | 324,023 | 369,821 | 528,642 | 568,791 | 654,130 | 758,601 | 688,546 | 671,694 | 534,006 | 405,683 | 271,815 | 210,055 | 216,107 | 181,441 | 220,375 | 179,192 | 146,843 | 145,992 |
| Total stockholders’ equity | US$ in thousands | -297,394 | -333,214 | -284,582 | 839,386 | 784,661 | 1,293,950 | 1,220,240 | 1,341,790 | 1,170,280 | 1,007,800 | 806,343 | 594,462 | 447,026 | 296,869 | 128,491 | 19,132 | 18,651 | -63,220 | -177,918 | -247,373 |
| ROE | — | — | — | 44.06% | 67.37% | 43.96% | 53.61% | 56.54% | 58.84% | 66.65% | 66.23% | 68.24% | 60.81% | 70.76% | 168.19% | 948.36% | 1,181.57% | — | — | — |
February 3, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $127,561K ÷ $-297,394K
= —
The return on equity (ROE) for RH has been fluctuating over the past few quarters.
From February 1, 2020, to April 29, 2023, the ROE has shown a general increasing trend, reaching a peak of 67.37% in April 2023. The ROE values during this period indicate that the company has been effectively generating profits from shareholders' equity.
However, there was a significant spike in ROE in the May 2, 2020, and August 1, 2020 quarters, with values of 168.19% and 948.36% respectively. Such high values may be attributed to extraordinary events or accounting anomalies that need further investigation to ensure accuracy.
In the most recent data points, the ROE has shown some decline, with values of 56.54% in October 2023 and 44.06% in February 2024. This downward trend may signal potential challenges in maintaining or increasing profitability relative to shareholders' equity.
Overall, a detailed analysis of the company's operations, financial management, and industry trends is necessary to better understand the factors contributing to the fluctuations in RH's return on equity.
Peer comparison
Feb 3, 2024