YETI Holdings Inc (YETI)
Return on equity (ROE)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 50,434 | 70,861 | ||
| Total stockholders’ equity | US$ in thousands | 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 | 122,005 | 87,860 | 63,952 | 35,471 |
| ROE | 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% | 41.34% | 80.65% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $169,885K ÷ $723,610K
= 23.48%
YETI Holdings Inc's return on equity (ROE) has displayed variability over the periods provided in the table. The ROE ranged from 9.95% to 80.65% during the periods shown.
In general, higher ROE figures indicate that the company is generating more profit with the shareholders' equity, reflecting efficient use of capital. YETI's ROE experienced peaks in the first quarter of 2019 and the second quarter of 2021, reaching notable levels of 80.65% and 55.36%, respectively.
However, the ROE figures fluctuated throughout the periods, suggesting fluctuations in the company's profitability and efficiency in generating returns for shareholders. The downward trend from the exceptional ROE in the first quarter of 2019 to the more moderate levels seen in recent quarters may indicate changes in the company's financial performance and efficiency in utilizing equity.
It is essential for investors and stakeholders to further analyze the underlying factors contributing to the fluctuations in YETI's ROE to gain a comprehensive understanding of the company's financial performance and sustainability over time.
Peer comparison
Dec 31, 2023