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Foot Locker ROE %

: 16.49% (As of Apr. 2022)
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ROE % is calculated as Net Income attributable to Common Stockholders (Net Income minus dividends to participating security holders) divided by its average Total Stockholders Equity over a certain period of time. Foot Locker's annualized net income attributable to common stockholders for the quarter that ended in Apr. 2022 was $532 Mil. Foot Locker's average Total Stockholders Equity over the quarter that ended in Apr. 2022 was $3,226 Mil. Therefore, Foot Locker's annualized ROE % for the quarter that ended in Apr. 2022 was 16.49%.

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

FL' s ROE % Range Over the Past 10 Years
Min: 10.86   Med: 20.28   Max: 29.72
Current: 25.67

During the past 13 years, Foot Locker's highest ROE % was 29.72%. The lowest was 10.86%. And the median was 20.28%.

FL's ROE % is ranked better than
84.79% of 1072 companies
in the Retail - Cyclical industry
Industry Median: 6.68 vs FL: 25.67

Foot Locker ROE % Historical Data

The historical data trend for Foot Locker'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.

Foot Locker Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.86 21.53 19.72 12.32 29.72

Foot Locker Quarterly Data
Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
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 28.37 54.94 18.94 12.53 16.49

Competitive Comparison

For the Apparel Retail subindustry, Foot Locker'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.

   

Foot Locker ROE % Distribution

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

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



Foot Locker ROE % Calculation

Foot Locker's annualized ROE % for the fiscal year that ended in Jan. 2022 is calculated as

ROE %=Net Income attributable to Common Stockholders (A: Jan. 2022 )/( (Total Stockholders Equity (A: Jan. 2021 )+Total Stockholders Equity (A: Jan. 2022 ))/ count )
=893/( (2771+3239)/ 2 )
=893/3005
=29.72 %

Foot Locker's annualized ROE % for the quarter that ended in Apr. 2022 is calculated as

ROE %=Net Income attributable to Common Stockholders (Q: Apr. 2022 )/( (Total Stockholders Equity (Q: Jan. 2022 )+Total Stockholders Equity (Q: Apr. 2022 ))/ count )
=532/( (3239+3212)/ 2 )
=532/3225.5
=16.49 %

* 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 attributable to common stockholders 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 attributable to common stockholders data used here is four times the quarterly (Apr. 2022) net income attributable to common stockholders data. ROE % is displayed in the 30-year financial page.


Foot Locker  (NYSE:FL) 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: Apr. 2022 )
=Net Income/Total Stockholders Equity
=532/3225.5
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(532 / 8700)*(8700 / 8006.5)*(8006.5 / 3225.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.11 %*1.0866*2.4823
=ROA %*Equity Multiplier
=6.64 %*2.4823
=16.49 %

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: Apr. 2022 )
=Net Income/Total Stockholders Equity
=532/3225.5
=(Net Income /Pre-Tax Income) * (Pre-Tax Income/Operating Income) * (Operating Income/Revenue) * (Revenue/Total Assets) * (Total Assets/Total Stockholders Equity)
= (532 / 760) * (760 / 892) * (892 / 8700) * (8700 / 8006.5) * (8006.5 / 3225.5)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7 * 0.852 * 10.25 % * 1.0866 * 2.4823
=16.49 %

Note: The net income attributable to common stockholders data used here is four times the quarterly (Apr. 2022) net income attributable to common stockholders data. The Revenue data used here is four times the quarterly (Apr. 2022) revenue data. The same rule applies to Pre-Tax Income and Operating Income.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.


Be Aware

Net income attributable to common stockholders 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.


Foot Locker ROE % Related Terms

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


Foot Locker Business Description

Foot Locker logo
Industry
Consumer Cyclical » Retail - Cyclical NAICS : 448210 SIC : 5661
Address
330 West 34th Street, New York, NY, USA, 10001
Foot Locker Inc operates thousands of retail stores throughout the United States, Canada, Europe, Australia, and New Zealand. It also has one franchisee in the Middle East and one in South Korea, each of which operates multiple stores in those regions. The company mainly sells athletically inspired shoes and apparel. Foot Locker's merchandise comes from only a few suppliers, with Nike providing the majority. Store names include Foot Locker, Champs, and Runners Point. The company also has an e-commerce business selling through Footlocker.com, Eastbay, and Final-Score.
Executives
Verma Pawan officer: EVP & Chief Info & Cust Conn C/O FOOT LOCKER, INC. 112 WEST 34TH STREET NEW YORK NY 10120
Martin William Scott officer: EVP & CEO Asia & Chief Strat 330 WEST 34TH STREET NEW YORK NY 10001
Bracken Franklin officer: Executive VP CEO North America 330 WEST 34TH STREET NEW YORK NY 10001
Gray Andrew officer: Executive VP and CCO 330 WEST 34TH STREET NEW YORK NY 10001
Nicosia Darlene director 330 WEST 34TH STREET NEW YORK NY 10001
Walker Tristan director 330 WEST 34TH STREET NEW YORK NY 10001
Feldman Alan D director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: FELDMAN ALAN D a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Oakland Steven director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: OAKLAND STEVEN a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Mckenna Matthew M director 700 ANDERSON HILL RD PURCHASE NY 10577
Underhill Kimberly K director 351 PHELPS DRIVE IRVING TX 75038
Young Dona D director C/O FOOT LOCKER, INC. 112 WEST 34TH STREET NEW YORK NY 10120
Marmol Guillermo director C/O FOOT LOCKER, INC. 112 WEST 34TH STREET NEW YORK NY 10120
Clark Maxine director 330 W. 34TH STREET, 4TH FLOOR NEW YORK NY 10001
Turpin Cheryl N director FOOT LOCKER INC 112 WEST 34TH STREET 4TH FL NEW YORK NY 10120
Talwar Vijay officer: EVP & CEO, EMEA 705 FIFTH AVENUE SOUTH SUITE 900 SEATTLE WA 98104

Foot Locker Headlines

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