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Duluth Holdings (Duluth Holdings) ROE %

: 12.63% (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. Duluth Holdings's annualized net income for the quarter that ended in Jan. 2024 was $27.9 Mil. Duluth Holdings's average Total Stockholders Equity over the quarter that ended in Jan. 2024 was $221.2 Mil. Therefore, Duluth Holdings's annualized ROE % for the quarter that ended in Jan. 2024 was 12.63%.

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

DLTH' s ROE % Range Over the Past 10 Years
Min: -4.15   Med: 14.9   Max: 70.57
Current: -4.15

During the past 11 years, Duluth Holdings's highest ROE % was 70.57%. The lowest was -4.15%. And the median was 14.90%.

DLTH's ROE % is ranked worse than
75.21% of 1085 companies
in the Retail - Cyclical industry
Industry Median: 6.03 vs DLTH: -4.15

Duluth Holdings ROE % Historical Data

The historical data trend for Duluth Holdings'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.

Duluth Holdings 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 11.18 7.30 14.17 1.01 -4.11

Duluth Holdings 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 13.17 -6.76 -3.53 -18.87 12.63

Competitive Comparison

For the Apparel Retail subindustry, Duluth Holdings'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.


Duluth Holdings ROE % Distribution

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

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



Duluth Holdings ROE % Calculation

Duluth Holdings'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 )
=-9.356/( (230.407+225.23)/ 2 )
=-9.356/227.8185
=-4.11 %

Duluth Holdings'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 )
=27.932/( (217.108+225.23)/ 2 )
=27.932/221.169
=12.63 %

* 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.


Duluth Holdings  (NAS:DLTH) 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
=27.932/221.169
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(27.932 / 982.452)*(982.452 / 508.233)*(508.233 / 221.169)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.84 %*1.9331*2.2979
=ROA %*Equity Multiplier
=5.49 %*2.2979
=12.63 %

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
=27.932/221.169
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (27.932 / 36.332) * (36.332 / 38.348) * (38.348 / 982.452) * (982.452 / 508.233) * (508.233 / 221.169)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7688 * 0.9474 * 3.9 % * 1.9331 * 2.2979
=12.63 %

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.


Duluth Holdings ROE % Related Terms

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


Duluth Holdings (Duluth Holdings) Business Description

Traded in Other Exchanges
N/A
Address
201 East Front Street, Mount Horeb, WI, USA, 53572
Duluth Holdings Inc is an apparel brand in the United States. The company offers shirts, pants, and casual wear for men and women under brands like Alaskan Hardgear, Armachillo, Ballroom, Cab Commander, Crouch Gusset, Dry on the Fly, Duluth Trading Co, Duluthflex, Fire Hose, Longtail T, No Polo Shirt, No Yank and Wild Boar Mocs. It operates in a single operating segment.
Executives
Jennifer A Hannon 10 percent owner ONE E MAIN STREET, UNIT 500, MADISON WI 53703
Janet H Kennedy director KANSAS CITY SOUTHERN, PO BOX 219335, KANSAS CITY MO 64121
Ronald Robinson director 201 E. FRONT STREET, MT. HOREB WI 53572
Brett Lee Paschke director 150 N RIVERSIDE, WILLIAM BLAIR & COMPANY, CHICAGO IL 60606
Albert J. Sutera officer: SVP, CTO & Logistics 3308 N. MITTHOEFFER ROAD, INDIANAPOLIS IN 46235
Susan J Riley director
Neala Shepherd officer: SVP, Customer Experience 201 EAST FRONT STREET, MOUNT HOREB WI 53572
Stephen L. Schlecht director, 10 percent owner, officer: Executive Chairman 5348 COUNTY ROAD M, WAUNAKEE WI 53597
Samuel M Sato officer: President & CEO 201 EAST FRONT STREET, MOUNT HOREB WI 53572
Brenda I Morris director 6300 MERRILL CREEK PARKWAY, SUITE B, EVERETT WA 98203
David Homolka officer: SVP HR,Retail&Call Center Oper 201 EAST FRONT STREET, MOUNT HOREB WI 53572
Richard W Schlecht officer: SVPProd Dev,Vis.Merch&Creative 201 EAST FRONT STREET, MOUNT HOREB WI 53572
Christopher Teufel officer: SVP IT and Supply Chain 201 EAST FRONT STREET, MOUNT HOREB WI 53572
David Loretta officer: SVP and CFO C/O NORDSTROM, INC., 1700 SEVENTH AVENUE, SEATTLE WA 98101
Michael John Murphy officer: V.P., Chief Accounting Officer 401 CHARMANY DRIVE, MADISON WI 53719