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Dillard's (Dillard's) ROE %

: 57.08% (As of Jan. 2024)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Dillard's's annualized net income for the quarter that ended in Jan. 2024 was $1,002 Mil. Dillard's's average Total Stockholders Equity over the quarter that ended in Jan. 2024 was $1,755 Mil. Therefore, Dillard's's annualized ROE % for the quarter that ended in Jan. 2024 was 57.08%.

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

DDS' s ROE % Range Over the Past 10 Years
Min: -4.68   Med: 13.52   Max: 59.64
Current: 43.45

During the past 13 years, Dillard's's highest ROE % was 59.64%. The lowest was -4.68%. And the median was 13.52%.

DDS's ROE % is ranked better than
93.84% of 1087 companies
in the Retail - Cyclical industry
Industry Median: 6.02 vs DDS: 43.45

Dillard's ROE % Historical Data

The historical data trend for Dillard's'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.

Dillard's Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.73 -4.68 59.64 58.47 44.84

Dillard's Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
ROE % 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 Premium Member Only Premium Member Only Premium Member Only 72.12 49.12 31.01 35.27 57.08

Competitive Comparison

For the Department Stores subindustry, Dillard's'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.


Dillard's ROE % Distribution

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

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



Dillard's ROE % Calculation

Dillard's'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 )
=738.847/( (1598.638+1697.068)/ 2 )
=738.847/1647.853
=44.84 %

Dillard's'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 )
=1002.008/( (1813.638+1697.068)/ 2 )
=1002.008/1755.353
=57.08 %

* 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.


Dillard's  (NYSE:DDS) 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
=1002.008/1755.353
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1002.008 / 8635.444)*(8635.444 / 3673.42)*(3673.42 / 1755.353)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.6 %*2.3508*2.0927
=ROA %*Equity Multiplier
=27.27 %*2.0927
=57.08 %

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
=1002.008/1755.353
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1002.008 / 1130.128) * (1130.128 / 1136.472) * (1136.472 / 8635.444) * (8635.444 / 3673.42) * (3673.42 / 1755.353)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8866 * 0.9944 * 13.16 % * 2.3508 * 2.0927
=57.08 %

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.


Dillard's ROE % Related Terms

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


Dillard's (Dillard's) Business Description

Traded in Other Exchanges
Address
1600 Cantrell Road, Little Rock, AR, USA, 72201
Dillard's Inc is an American fashion apparel, cosmetics, and home furnishings retailer. Its stores offer a large variety of merchandise and feature products from both national and exclusive brand sources. The company also operates a general contracting construction company, CDI Contractors. CDI Contractors' business includes constructing and remodelling stores for Dillards. The merchandise selections include exclusive brand merchandise such as Antonio Melani, Gianni Bini, Daniel Cremieux, Roundtree & Yorke, and private-label merchandise, among others. The company operates in two business segments; Retail Operations and Construction. The Retail Operations segment generates maximum revenue for the company.
Executives
Watts J C Jr director
Tom W Bolin officer: Vice President 1600 CANTRELL ROAD, LITTLE ROCK AR 72201
Chris B. Johnson officer: Principal Vice President 1600 CANTRELL RD., LITTLE ROCK AR 72201
Tony J Bolte officer: Vice President 1600 CANTRELL ROAD, LITTLE ROCK AR 72201
Mike Litchford officer: Vice President 1600 CANTRELL ROAD, LITTLE ROCK AR 72201
Connor William E Ii director 1600 CANTRELL ROAD, LITTLE ROCK AR 72201
Reynie Rutledge director 1600 CANTRLL ROAD, LITTLE ROCK AR 72201
Warren A Stephens director 111 CENTER STREET, LITTLE ROCK AR 72201
Dean L. Worley officer: VP/General Counsel & Secretary 1600 CANTRELL RD., LITTLE ROCK AR 72201
Jame I Freeman director, officer: Senior Vice President and CFO 1600 CANTRELL ROAD, LITTLE ROCK AR 72201
Rob C Holmes director 2000 MCKINNEY AVE, STE 700, DALLAS TX 75201
Dillard William T. Iii officer: Vice President 1600 CANTRELL RD., LITTLE ROCK AR 72201
Drue Corbusier director, officer: Executive Vice President 1600 CANTRELL ROAD, LITTLE ROCK AR 72201
Hastings H. Lee Iii director 1600 CANTRELL ROAD, LITTLE ROCK AR 72201
Robert C Connor director

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