SpartanNash Co (SPTN)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 299 | 41,932 | 34,518 | 73,751 | 75,914 |
| Total stockholders’ equity | US$ in thousands | 743,490 | 778,182 | 766,068 | 782,869 | 735,049 |
| ROE | 0.04% | 5.39% | 4.51% | 9.42% | 10.33% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $299K ÷ $743,490K
= 0.04%
SpartanNash Co's Return on Equity (ROE) has exhibited a declining trend over the past five years. Starting at 10.33% on December 31, 2020, the ROE decreased to 9.42% by December 31, 2021. Subsequently, there was a more significant decline, with the ROE dropping to 4.51% by December 31, 2022. However, there was a slight improvement in performance as the ROE increased to 5.39% by December 31, 2023. The most recent data point shows a substantial decrease, with the ROE plunging to a mere 0.04% as of December 31, 2024.
Overall, the downward trajectory of SpartanNash Co's ROE suggests a weakening performance in generating profits relative to shareholders' equity. This decline may indicate challenges in efficiently utilizing the company's assets to create value for shareholders. It could also signal potential inefficiencies in managing costs or leveraging financial resources effectively. Further investigation into the company's operational strategies and financial management practices may be warranted to address and reverse this concerning trend in ROE.
Peer comparison
Dec 31, 2024