YETI Holdings Inc (YETI)
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 | 175,689 | 201,128 | 187,501 | 175,176 | 169,885 | 63,554 | 66,417 | 74,598 | 89,693 | 190,312 | 197,759 | 207,738 | 212,602 | 202,115 | 200,593 | 177,844 | 155,801 | 98,149 | 68,006 | 56,747 |
| Total stockholders’ equity | US$ in thousands | 740,107 | 769,981 | 705,860 | 646,899 | 723,610 | 638,785 | 587,206 | 542,561 | 526,477 | 550,661 | 499,861 | 446,367 | 517,823 | 439,640 | 384,094 | 321,275 | 288,418 | 222,633 | 169,029 | 131,647 |
| ROE | 23.74% | 26.12% | 26.56% | 27.08% | 23.48% | 9.95% | 11.31% | 13.75% | 17.04% | 34.56% | 39.56% | 46.54% | 41.06% | 45.97% | 52.22% | 55.36% | 54.02% | 44.09% | 40.23% | 43.11% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $175,689K ÷ $740,107K
= 23.74%
YETI Holdings Inc's return on equity (ROE) has shown some fluctuations over the past few years. The ROE was consistently strong from March 2020 to June 2021, ranging from 40.23% to 55.36%. This indicates that the company was efficiently generating profit from the shareholders' equity during this period.
However, starting from September 2021, there was a downward trend in the ROE, which dropped to 34.56% by September 2022 and further decreased to 9.95% by September 2023. This decline suggests that the company's ability to generate profits from shareholders' equity diminished significantly during this period, potentially signaling operational or financial challenges.
There was a slight improvement in the ROE in the following quarters, reaching 26.12% by September 2024. While this increase is positive, the ROE has not fully recovered to the levels seen before September 2021.
In conclusion, the analysis of YETI Holdings Inc's ROE indicates a period of strong performance followed by a notable decline and a subsequent gradual improvement. It would be essential for investors and stakeholders to closely monitor the company's financial performance and strategies to assess its future profitability and growth potential.
Peer comparison
Dec 31, 2024