Signet Jewelers Ltd (SIG)
Return on equity (ROE)
| Feb 1, 2025 | Nov 2, 2024 | Aug 3, 2024 | May 4, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 61,200 | 586,800 | 591,500 | 765,100 | 810,400 | 461,500 | 487,300 | 557,600 | 376,700 | 413,700 | 468,800 | 548,000 | 769,900 | 709,900 | 626,600 | 320,300 | -15,200 | -90,700 | -135,500 | -89,900 |
| Total stockholders’ equity | US$ in thousands | 1,851,800 | 1,799,000 | 1,917,200 | 2,081,800 | 2,166,500 | 1,572,200 | 1,614,100 | 1,581,500 | 1,578,600 | 1,358,100 | 1,367,900 | 1,256,800 | 1,564,000 | 1,534,600 | 1,555,500 | 1,320,600 | 1,190,300 | 915,900 | 916,400 | 983,800 |
| ROE | 3.30% | 32.62% | 30.85% | 36.75% | 37.41% | 29.35% | 30.19% | 35.26% | 23.86% | 30.46% | 34.27% | 43.60% | 49.23% | 46.26% | 40.28% | 24.25% | -1.28% | -9.90% | -14.79% | -9.14% |
February 1, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $61,200K ÷ $1,851,800K
= 3.30%
Signet Jewelers Ltd's return on equity (ROE) demonstrates a dynamic trend over the period provided. From May 2, 2020, to February 1, 2025, Signet's ROE ranged from negative figures to notable positive percentages. The ROE started at a negative 9.14% on May 2, 2020, indicating a weak performance in generating profits relative to shareholders' equity.
However, there was a significant improvement in the ROE performance by May 1, 2021, reaching 24.25% and continued to increase sharply to 40.28% by July 31, 2021, and further to 46.26% by October 30, 2021. This trend indicates that Signet effectively utilized shareholder equity to generate profit during this period.
The ROE continued to fluctuate in the subsequent periods, with values ranging from 23.86% on January 28, 2023, up to a peak of 49.23% on January 29, 2022. However, there was a slight dip in the following quarters before recovering to 35.26% by April 29, 2023.
The ROE experienced some fluctuations in the later quarters, with the value fluctuating between 29.35% on October 28, 2023, and 37.41% on February 3, 2024. Subsequently, the ROE remained around 30-36% until November 2, 2024, where it reached 32.62%.
Finally, there was a notable decrease in ROE to 3.30% on February 1, 2025, indicating a decline in the profitability relative to the shareholder's equity. Overall, Signet Jewelers Ltd's ROE demonstrates variability over the period, showcasing fluctuations in the company's efficiency in generating profits from shareholders' equity.