Williams-Sonoma Inc (WSM)
Return on equity (ROE)
| Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | Nov 3, 2019 | Aug 4, 2019 | May 5, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 949,762 | 950,316 | 964,754 | 1,030,322 | 1,127,904 | 1,175,852 | 1,173,653 | 1,152,648 | 1,126,337 | 1,032,351 | 984,599 | 873,093 | 680,714 | 537,804 | 410,745 | 338,829 | 356,062 | 345,355 | 352,107 | 341,172 |
| Total stockholders’ equity | US$ in thousands | 2,127,860 | 1,813,230 | 1,620,960 | 1,466,820 | 1,701,050 | 1,412,930 | 1,278,280 | 1,309,740 | 1,664,210 | 1,543,370 | 1,526,720 | 1,447,300 | 1,651,180 | 1,401,900 | 1,332,920 | 1,218,930 | 1,235,860 | 1,131,890 | 1,121,600 | 1,121,770 |
| ROE | 44.63% | 52.41% | 59.52% | 70.24% | 66.31% | 83.22% | 91.82% | 88.01% | 67.68% | 66.89% | 64.49% | 60.33% | 41.23% | 38.36% | 30.82% | 27.80% | 28.81% | 30.51% | 31.39% | 30.41% |
January 28, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $949,762K ÷ $2,127,860K
= 44.63%
Williams-Sonoma Inc's return on equity (ROE) has shown fluctuations over the past few quarters. The ROE has ranged from 27.80% to 91.82% during this period.
The trend indicates that the company experienced a decreasing ROE from the high of 91.82% in July 2022 to the low of 27.80% in May 2020. Subsequently, there was a recovery in ROE from the low point in May 2020 to the latest recorded ROE of 44.63% in January 2024.
The high ROE values in the past could suggest that Williams-Sonoma Inc has been effectively utilizing its equity to generate profits for shareholders. However, the decreasing trend may also indicate a potential decline in profitability or efficiency in the recent periods.
It would be important to further analyze the company's financial statements and performance drivers to understand the factors behind the fluctuating ROE and assess the company's financial health and sustainability in the long run.