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Krispy Kreme (Krispy Kreme) ROE % : 0.90% (As of Dec. 2023)


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What is Krispy Kreme ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Krispy Kreme's annualized net income for the quarter that ended in Dec. 2023 was $10 Mil. Krispy Kreme's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $1,161 Mil. Therefore, Krispy Kreme's annualized ROE % for the quarter that ended in Dec. 2023 was 0.90%.

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

DNUT' s ROE % Range Over the Past 10 Years
Min: -9.06   Med: -3.21   Max: -1.29
Current: -3.2

During the past 6 years, Krispy Kreme's highest ROE % was -1.29%. The lowest was -9.06%. And the median was -3.21%.

DNUT's ROE % is ranked worse than
86.47% of 303 companies
in the Retail - Defensive industry
Industry Median: 9.67 vs DNUT: -3.20

Krispy Kreme ROE % Historical Data

The historical data trend for Krispy Kreme'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.

Krispy Kreme ROE % Chart

Krispy Kreme Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial -5.09 -9.06 -2.56 -1.29 -3.21

Krispy Kreme Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.92 -0.10 0.07 -13.71 0.90

Competitive Comparison of Krispy Kreme's ROE %

For the Grocery Stores subindustry, Krispy Kreme'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.


Krispy Kreme's ROE % Distribution in the Retail - Defensive Industry

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

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



Krispy Kreme ROE % Calculation

Krispy Kreme's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-37.925/( (1196.332+1169.683)/ 2 )
=-37.925/1183.0075
=-3.21 %

Krispy Kreme's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=10.44/( (1152.14+1169.683)/ 2 )
=10.44/1160.9115
=0.90 %

* 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 (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Krispy Kreme  (NAS:DNUT) 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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=10.44/1160.9115
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(10.44 / 1803.62)*(1803.62 / 3213.8975)*(3213.8975 / 1160.9115)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.58 %*0.5612*2.7684
=ROA %*Equity Multiplier
=0.33 %*2.7684
=0.90 %

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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=10.44/1160.9115
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (10.44 / -78.34) * (-78.34 / 2.864) * (2.864 / 1803.62) * (1803.62 / 3213.8975) * (3213.8975 / 1160.9115)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= -0.1333 * -27.3534 * 0.16 % * 0.5612 * 2.7684
=0.90 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


Krispy Kreme ROE % Related Terms

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


Krispy Kreme (Krispy Kreme) Business Description

Traded in Other Exchanges
Address
2116 Hawkins Street, Charlotte, NC, USA, 28203
Krispy Kreme Inc is a sweet treat brands company. The company's Original Glazed doughnut is recognized for its hot-off-the-line, melt-in- your-mouth experience. It operates in 30 countries through its network of fresh Doughnut Shops, partnerships with retailers, and a growing ecommerce and delivery business. The company conducts its business through the following three reported segments namely U.S. and Canada, includes all operations in the U.S. and Canada, Insomnia Cookies shops, and the Branded Sweet Treat Line; International includes operations in the U.K., Ireland, Australia, New Zealand, and Mexico; and Market Development includes franchise operations across the globe, as well as operations in Japan.
Executives
Raphael Duvivier officer: Chief Development Officer 2116 HAWKINS STREET, CHARLOTTE NC 28203
Kelly P Mcbride officer: Chief Accounting Officer 2116 HAWKINS STREET, CHARLOTTE NC 28203
Jeremiah Ashukian officer: EVP & Chief Financial Officer 2116 HAWKINS STREET, CHARLOTTE NC 28203
Philip Telfer director 356 STATE STREET, EAST ALBURY C3 NSW 2640
Michael J. Tattersfield director, officer: President and CEO 2285 CLARK DRIVE, VANCOUVER A1 V5N 3G9
Gerhard W. Pleuhs director C/O KRAFT FOODS INC., THREE LAKES DRIVE, NORTHFIELD IL 60093
Marissa Andrada director C/O KATE SPADE & COMPANY 2 PARK AVENUE, NEW YORK NY 10016
Jab Indulgence B.v. 10 percent owner 14TH FLOOR, 20 EASTBOURNE TERRACE, LONDON X0 W2 6LG
Olivier Goudet director, other: Chairman of the Board 350 FIFTH AVENUE, NEW YORK NY 10118
Jab Holdings B.v. 10 percent owner PIET HEINKADE 55, AMSTERDAM P7 NL 1019 GM
Debbie Sharell Roberts director 204 W. 59TH STREET, BURR RIDGE IL 60527
Patricia Capel director C/O KRISPY KREME, INC., 2116 HAWKINS STREET, CHARLOTTE NC 28203
Josh Charlesworth officer: COO and CFO C/O KRISPY KREME, INC., 2116 HAWKINS STREET, CHARLOTTE NC 28203
David J. Deno director 111 4TH AVENUE NORTH #503, MINNEAPOLIS MN 55402
Andrew G Skehan officer: North America President 5555 GLENRIDGE CONNECTOR, NE, SUITE 300, ATLANTA GA 30342