SpartanNash Co (SPTN)
Return on equity (ROE)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Oct 7, 2023 | Sep 30, 2023 | Jul 15, 2023 | Jun 30, 2023 | Apr 22, 2023 | Mar 31, 2023 | Dec 31, 2022 | Oct 8, 2022 | Sep 30, 2022 | Jun 30, 2022 | Apr 23, 2022 | Mar 31, 2022 | Dec 31, 2021 | Oct 9, 2021 | Sep 30, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 299 | 45,685 | 45,892 | 45,530 | 52,027 | 61,190 | 61,400 | 61,610 | 42,792 | 32,788 | 30,915 | 24,693 | 43,332 | 53,157 | 65,938 | 75,999 | 71,886 | 69,411 | 63,980 | 68,320 |
| Total stockholders’ equity | US$ in thousands | 743,490 | 781,308 | 776,341 | 785,205 | 778,182 | 777,267 | 777,267 | 768,397 | 768,397 | 759,454 | 759,454 | 766,068 | 780,410 | 780,410 | 793,722 | 795,304 | 795,304 | 782,869 | 765,566 | 765,566 |
| ROE | 0.04% | 5.85% | 5.91% | 5.80% | 6.69% | 7.87% | 7.90% | 8.02% | 5.57% | 4.32% | 4.07% | 3.22% | 5.55% | 6.81% | 8.31% | 9.56% | 9.04% | 8.87% | 8.36% | 8.92% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $299K ÷ $743,490K
= 0.04%
SpartanNash Co's return on equity (ROE) has exhibited fluctuations over the periods provided. Starting at 8.92% in September 2021, the ROE declined to 3.22% by December 2022 before showing a slight recovery. The ROE was at its highest point of 9.56% in April 2022.
From March 2023 onwards, the ROE showed a downward trend, reaching 0.04% by December 2024, which indicates a significant decrease in the company's profitability in relation to its shareholder equity.
Overall, the ROE trend for SpartanNash Co in the given periods suggests varying levels of profitability efficiency and raises questions regarding the company's ability to generate returns on the equity invested by its shareholders. Further analysis and examination of the company's financial health and operational performance may be necessary to understand the underlying reasons for these fluctuations in ROE.
Peer comparison
Dec 31, 2024