Signet Jewelers Ltd (SIG)
Return on equity (ROE)
| Feb 1, 2025 | Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 61,200 | 810,400 | 376,700 | 769,900 | -15,200 |
| Total stockholders’ equity | US$ in thousands | 1,851,800 | 2,166,500 | 1,578,600 | 1,564,000 | 1,190,300 |
| ROE | 3.30% | 37.41% | 23.86% | 49.23% | -1.28% |
February 1, 2025 calculation
ROE = Net income ÷ Total stockholders’ equity
= $61,200K ÷ $1,851,800K
= 3.30%
Signet Jewelers Ltd's return on equity (ROE) has shown significant fluctuations over the years. In January 2021, the ROE was -1.28%, indicating that the company was not generating a positive return for its shareholders. However, by January 2022, the ROE surged to 49.23%, reflecting a strong performance in generating profit relative to shareholders' equity.
In the following years, the ROE continued to be positive but experienced some variations. In January 2023, the ROE stood at 23.86%, showcasing a slightly lower but still healthy return on equity. The ROE then increased to 37.41% in February 2024, indicating improved profitability.
However, there was a notable decline in Signet Jewelers Ltd's ROE in February 2025, where it dropped to 3.30%. This decrease suggests a decrease in the company's ability to generate profit relative to shareholders' equity compared to the previous period.
Overall, the fluctuations in Signet Jewelers Ltd's ROE indicate varying levels of profitability and efficiency in utilizing shareholder funds over the years. It is important for investors to consider these trends along with other financial metrics when evaluating the company's performance and potential for future growth.