Wolverine World Wide Inc (WWW)
Return on equity (ROE)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 47,600 | -68,200 | -83,200 | -73,400 | -39,600 | -309,200 | -279,600 | -179,000 | -188,300 | 157,900 | 128,100 | 48,200 | 77,000 | -79,100 | -65,100 | -111,400 | -136,900 | 32,900 | 59,200 | 101,000 |
| Total stockholders’ equity | US$ in thousands | 451,700 | 288,100 | 262,100 | 252,500 | 278,600 | 362,700 | 366,900 | 326,600 | 339,000 | 656,900 | 643,900 | 596,700 | 644,400 | 626,700 | 649,100 | 625,100 | 573,000 | 754,100 | 735,900 | 735,900 |
| ROE | 10.54% | -23.67% | -31.74% | -29.07% | -14.21% | -85.25% | -76.21% | -54.81% | -55.55% | 24.04% | 19.89% | 8.08% | 11.95% | -12.62% | -10.03% | -17.82% | -23.89% | 4.36% | 8.04% | 13.72% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $47,600K ÷ $451,700K
= 10.54%
Wolverine World Wide Inc's return on equity (ROE) has shown significant fluctuations over the periods analyzed. The ROE ranged from positive to negative values, indicating varying levels of profitability relative to shareholders' equity.
In the latest quarter, the ROE stood at 10.54%, reflecting a moderate return on equity for the period ending December 31, 2024. This indicates that the company generated a profit of 10.54% for each dollar of shareholders' equity.
However, the trend over the past few quarters has been volatile, with ROE figures swinging from positive to negative territory. The company experienced a sharp decline in ROE, reaching its lowest point at -85.25% for the quarter ending September 30, 2023. This negative ROE implies that the company incurred losses exceeding the shareholders' equity during that period.
It is essential for investors and stakeholders to closely monitor Wolverine World Wide Inc's ROE performance to assess the efficiency of the company in generating profits from shareholders' equity. The management should focus on strategies to stabilize and improve ROE over time to ensure sustainable financial performance and maximize shareholder value.
Peer comparison
Dec 31, 2024