Shoe Carnival Inc (SCVL)
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 | 73,348 | 79,438 | 90,229 | 99,697 | 110,068 | 109,049 | 123,233 | 138,536 | 154,881 | 141,733 | 109,575 | 75,423 | 15,991 | 12,031 | 11,079 | 12,851 | 42,914 | 40,790 | 39,110 | 39,053 |
| Total stockholders’ equity | US$ in thousands | 583,389 | 569,906 | 555,519 | 537,680 | 525,568 | 505,585 | 483,632 | 455,714 | 452,533 | 432,546 | 389,912 | 350,275 | 310,176 | 303,217 | 288,987 | 279,458 | 297,363 | 300,748 | 303,560 | 291,503 |
| ROE | 12.57% | 13.94% | 16.24% | 18.54% | 20.94% | 21.57% | 25.48% | 30.40% | 34.23% | 32.77% | 28.10% | 21.53% | 5.16% | 3.97% | 3.83% | 4.60% | 14.43% | 13.56% | 12.88% | 13.40% |
February 3, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $73,348K ÷ $583,389K
= 12.57%
Shoe Carnival Inc's return on equity (ROE) has shown fluctuations over the past few quarters. The ROE declined from 12.57% in February 2024 to 13.94% in October 2023, before increasing to 16.24% in July 2023. Subsequently, the ROE continued to rise to 18.54% in April 2023 and further to 20.94% in January 2023, reflecting positive performance and increased profitability.
However, the trend reversed in the following quarters, with ROE decreasing to 21.57% in October 2022 and further dropping to 25.48% in July 2022. The decline continued as the ROE decreased to 30.40% in April 2022 and 34.23% in January 2022, indicating a potential decrease in profitability and efficiency in utilizing shareholder equity.
The ROE reached its lowest point at 3.83% in May 2020, but subsequently showed an upward trend, reaching 14.43% in August 2019. Overall, the ROE has displayed variability over the periods analyzed, with both peaks and troughs, suggesting fluctuations in the company's ability to generate profits from shareholders' equity.
Peer comparison
Feb 3, 2024