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Dillard's (Dillard's) Return-on-Tangible-Equity : 57.08% (As of Jan. 2024)


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What is Dillard's Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Dillard's's annualized net income for the quarter that ended in Jan. 2024 was $1,002 Mil. Dillard's's average shareholder tangible equity for the quarter that ended in Jan. 2024 was $1,755 Mil. Therefore, Dillard's's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 was 57.08%.

The historical rank and industry rank for Dillard's's Return-on-Tangible-Equity or its related term are showing as below:

DDS' s Return-on-Tangible-Equity 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 Return-on-Tangible-Equity was 59.64%. The lowest was -4.68%. And the median was 13.52%.

DDS's Return-on-Tangible-Equity is ranked better than
86.98% of 1052 companies
in the Retail - Cyclical industry
Industry Median: 7.605 vs DDS: 43.45

Dillard's Return-on-Tangible-Equity Historical Data

The historical data trend for Dillard's's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Chart

Dillard's Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Return-on-Tangible-Equity
Get a 7-Day Free Trial 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
Return-on-Tangible-Equity 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 72.12 49.12 31.01 35.27 57.08

Competitive Comparison of Dillard's's Return-on-Tangible-Equity

For the Department Stores subindustry, Dillard's's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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's Return-on-Tangible-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Dillard's's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Dillard's's Return-on-Tangible-Equity falls into.



Dillard's Return-on-Tangible-Equity Calculation

Dillard's's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jan. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=738.847/( (1598.638+1697.068 )/ 2 )
=738.847/1647.853
=44.84 %

Dillard's's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible 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. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Dillard's  (NYSE:DDS) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.


Dillard's Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Dillard's's Return-on-Tangible-Equity 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