Winnebago Industries Inc (WGO)
Return on equity (ROE)
| Aug 31, 2024 | May 25, 2024 | Feb 24, 2024 | Nov 25, 2023 | Aug 26, 2023 | May 27, 2023 | Feb 25, 2023 | Nov 26, 2022 | Aug 27, 2022 | May 28, 2022 | Feb 26, 2022 | Nov 27, 2021 | Aug 28, 2021 | May 29, 2021 | Feb 27, 2021 | Nov 28, 2020 | Aug 29, 2020 | May 30, 2020 | Feb 29, 2020 | Nov 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 13,000 | 85,900 | 116,000 | 181,500 | 215,900 | 254,700 | 312,800 | 351,200 | 390,600 | 392,114 | 346,209 | 324,077 | 281,900 | 240,245 | 156,597 | 104,797 | 61,442 | 50,851 | 99,375 | 103,705 |
| Total stockholders’ equity | US$ in thousands | 1,273,300 | 1,318,400 | 1,324,600 | 1,354,000 | 1,368,100 | 1,361,300 | 1,337,300 | 1,288,600 | 1,263,000 | 1,263,900 | 1,209,000 | 1,159,300 | 1,056,900 | 1,010,260 | 942,364 | 871,558 | 827,500 | 784,810 | 801,524 | 785,609 |
| ROE | 1.02% | 6.52% | 8.76% | 13.40% | 15.78% | 18.71% | 23.39% | 27.25% | 30.93% | 31.02% | 28.64% | 27.95% | 26.67% | 23.78% | 16.62% | 12.02% | 7.43% | 6.48% | 12.40% | 13.20% |
August 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $13,000K ÷ $1,273,300K
= 1.02%
The return on equity (ROE) of Winnebago Industries Inc has fluctuated over the past several quarters. ROE measures the company's ability to generate profits from the shareholders' equity invested in the business.
From November 2020 to May 2021, the ROE exhibited a decreasing trend, hitting a low of 12.02% in February 2021. However, from May 2021 to February 2023, the ROE showed an increasing trend, reaching a peak of 23.39% in February 2023. The company's ROE peaked at 31.02% in May 2022 but then slightly decreased in the following quarters.
Overall, Winnebago Industries Inc's ROE has experienced both ups and downs, reflecting fluctuations in profitability relative to the equity invested by the shareholders. It is important for investors to monitor these trends to assess the company's efficiency in generating returns on equity over time.
Peer comparison
Aug 31, 2024