Sally Beauty Holdings Inc (SBH)
Return on equity (ROE)
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 153,414 | 147,939 | 161,036 | 172,653 | 184,600 | 163,358 | 159,104 | 165,051 | 183,552 | 230,362 | 260,001 | 251,505 | 239,858 | 241,897 | 142,165 | 117,221 | 113,245 | 112,064 | 206,754 | 259,111 |
| Total stockholders’ equity | US$ in thousands | 628,535 | 577,670 | 550,850 | 541,340 | 508,748 | 487,712 | 425,888 | 373,298 | 293,636 | 295,871 | 271,866 | 281,021 | 280,741 | 222,270 | 134,833 | 98,866 | 15,443 | -69,133 | -53,195 | 2,199 |
| ROE | 24.41% | 25.61% | 29.23% | 31.89% | 36.29% | 33.49% | 37.36% | 44.21% | 62.51% | 77.86% | 95.64% | 89.50% | 85.44% | 108.83% | 105.44% | 118.57% | 733.31% | — | — | 11,783.13% |
September 30, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $153,414K ÷ $628,535K
= 24.41%
Sally Beauty Holdings Inc's return on equity (ROE) has shown fluctuating trends over the past few quarters. The ROE has ranged from a low of 24.41% in September 2024 to a high of 118.57% in March 2021.
The company experienced a significant increase in ROE from December 2021 to March 2022, reaching an impressive 95.64% and subsequently climbing to 108.83% in June 2022. This upward momentum continued with ROE peaking at 118.57% in December 2022.
However, the ROE saw a noticeable decline in the following quarters, dropping to 44.21% in March 2023 and further to 31.89% in December 2023. There was a slight recovery in March 2024, with ROE at 29.23%, but it decreased again to 25.61% in June 2024 and to 24.41% in September 2024.
Overall, the recent trend in ROE indicates some fluctuations in the company's ability to generate profits from shareholders' equity. It is essential for stakeholders to closely monitor Sally Beauty Holdings Inc's financial performance to understand the factors contributing to these variations in ROE.
Peer comparison
Sep 30, 2024