GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Caleres Inc (NYSE:CAL) » Definitions » ROE %

Caleres (Caleres) ROE % : 41.57% (As of Jan. 2024)


View and export this data going back to 1984. Start your Free Trial

What is Caleres ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Caleres's annualized net income for the quarter that ended in Jan. 2024 was $223 Mil. Caleres's average Total Stockholders Equity over the quarter that ended in Jan. 2024 was $537 Mil. Therefore, Caleres's annualized ROE % for the quarter that ended in Jan. 2024 was 41.57%.

The historical rank and industry rank for Caleres's ROE % or its related term are showing as below:

CAL' s ROE % Range Over the Past 10 Years
Min: -103.79   Med: 13.69   Max: 52.82
Current: 35.62

During the past 13 years, Caleres's highest ROE % was 52.82%. The lowest was -103.79%. And the median was 13.69%.

CAL's ROE % is ranked better than
91.45% of 1088 companies
in the Retail - Cyclical industry
Industry Median: 5.97 vs CAL: 35.62

Caleres ROE % Historical Data

The historical data trend for Caleres's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Caleres ROE % Chart

Caleres Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -68.61 -103.79 52.82 49.17 34.93

Caleres Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.86 32.04 29.80 38.36 41.57

Competitive Comparison of Caleres's ROE %

For the Apparel Retail subindustry, Caleres's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Caleres's ROE % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Caleres's ROE % distribution charts can be found below:

* The bar in red indicates where Caleres's ROE % falls into.



Caleres ROE % Calculation

Caleres's annualized ROE % for the fiscal year that ended in Jan. 2024 is calculated as

ROE %=Net Income (A: Jan. 2024 )/( (Total Stockholders Equity (A: Jan. 2023 )+Total Stockholders Equity (A: Jan. 2024 ))/ count )
=171.391/( (420.683+560.631)/ 2 )
=171.391/490.657
=34.93 %

Caleres's annualized ROE % for the quarter that ended in Jan. 2024 is calculated as

ROE %=Net Income (Q: Jan. 2024 )/( (Total Stockholders Equity (Q: Oct. 2023 )+Total Stockholders Equity (Q: Jan. 2024 ))/ count )
=223.228/( (513.382+560.631)/ 2 )
=223.228/537.0065
=41.57 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jan. 2024) net income data. ROE % is displayed in the 30-year financial page.


Caleres  (NYSE:CAL) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Jan. 2024 )
=Net Income/Total Stockholders Equity
=223.228/537.0065
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(223.228 / 2788.492)*(2788.492 / 1815.8195)*(1815.8195 / 537.0065)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.01 %*1.5357*3.3814
=ROA %*Equity Multiplier
=12.3 %*3.3814
=41.57 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Jan. 2024 )
=Net Income/Total Stockholders Equity
=223.228/537.0065
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (223.228 / 112.776) * (112.776 / 131.596) * (131.596 / 2788.492) * (2788.492 / 1815.8195) * (1815.8195 / 537.0065)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.9794 * 0.857 * 4.72 % * 1.5357 * 3.3814
=41.57 %

Note: The net income data used here is four times the quarterly (Jan. 2024) net income data. The Revenue data used here is four times the quarterly (Jan. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Caleres ROE % Related Terms

Thank you for viewing the detailed overview of Caleres's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Caleres (Caleres) Business Description

Traded in Other Exchanges
Address
8300 Maryland Avenue, St. Louis, MO, USA, 63105
Caleres Inc is a footwear retailer in the United States. The Company's business are organized into two reportable segments are famous Footwear and Brand Portfolio. The famous Footwear segment is comprised of famous Footwear retail stores, famousfootwear.com and famousfootwear.ca. The Brand Portfolio segment offers retailers and consumers a carefully cultivated portfolio of top brands. This segment is comprised of wholesale operations that designs, develops, sources, manufactures, markets and distributes branded, licensed and private-label footwear to online retailers, national chains, department stores, mass merchandisers and independent retailers, as well as Company owned famous Footwear, Sam Edelman, Naturalizer and Allen Edmonds stores and e-commerce businesses.
Executives
John W Schmidt officer: Div Pres, Whls Better & Image 693 FIFTH AVENUE, 11TH FLOOR, NEW YORK NY 10022
Willis Hill officer: Chief Information Officer 8300 MARYLAND AVENUE, ST. LOUIS MO 63105
Mark A Schmitt officer: SVP, CIO 8300 MARYLAND AVENUE, ST. LOUIS MO 63105
Todd E Hasty officer: VP, Chief Accounting Officer 8300 MARYLAND AVENUE, ST. LOUIS MO 63105
Diane M Sullivan officer: President, Brown Shoe Co., Inc 78 COUNTRY CLUB WAY, IPSWICH MA 01938
Douglas Koch officer: SVP & Chief Talent Officer 5032 WESTMINISTER PL, ST. LOUIS MO 63108
Daniel R Freidman officer: Div Pres, Whls Prod & Sorcing 8300 MARYLAND AVENUE, SAINT LOUIS MO 63105
Carla C Hendra director 885 WEST END AVE. 12B, NEW YORK NY 10025
Jack Calandra officer: SVP, Chief Financial Officer 6380 ROGERDALE RD., HOUSTON TX 77072
Bruce K Thorn director 15885 SPRAGUE RD, STRONGSVILLE OH 44136-1799
Jennifer Olsen officer: Chief Marketing Officer 8300 MARYLAND AVE., ST. LOUIS MO 63105
Ken Hannah officer: SVP, Chief Financial Officer C/O MEMC ELECTRONIC MATERIALS, INC., P O BOX 8, ST, PETERS MO 63376
Michael R Edwards officer: Div President, Famous Footwear 8300 MARYLAND AVENUE, ST. LOUIS MO 63105
Thomas C Burke officer: VP, General Counsel 8300 MARYLAND AVENUE, ST. LOUIS MO 63105
Patricia G Mcginnis director 4827 V STREET, WASHINGTON DC 20007