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Buckle (Buckle) Return-on-Tangible-Equity : 71.76% (As of Jan. 2024)


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What is Buckle 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. Buckle's annualized net income for the quarter that ended in Jan. 2024 was $318 Mil. Buckle's average shareholder tangible equity for the quarter that ended in Jan. 2024 was $444 Mil. Therefore, Buckle's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 was 71.76%.

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

BKE' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 21.83   Med: 35.74   Max: 73.89
Current: 52.23

During the past 13 years, Buckle's highest Return-on-Tangible-Equity was 73.89%. The lowest was 21.83%. And the median was 35.74%.

BKE's Return-on-Tangible-Equity is ranked better than
88.88% of 1052 companies
in the Retail - Cyclical industry
Industry Median: 7.605 vs BKE: 52.23

Buckle Return-on-Tangible-Equity Historical Data

The historical data trend for Buckle'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.

Buckle Return-on-Tangible-Equity Chart

Buckle 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 26.67 33.12 71.83 73.89 55.71

Buckle 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 86.55 43.95 43.38 45.48 71.76

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

For the Apparel Retail subindustry, Buckle'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.


Buckle's Return-on-Tangible-Equity Distribution in the Retail - Cyclical Industry

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

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



Buckle Return-on-Tangible-Equity Calculation

Buckle'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 )
=219.919/( (376.314+413.22 )/ 2 )
=219.919/394.767
=55.71 %

Buckle'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 )
=318.324/( (474.018+413.22)/ 2 )
=318.324/443.619
=71.76 %

* 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.


Buckle  (NYSE:BKE) 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.


Buckle Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Buckle's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Buckle (Buckle) Business Description

Traded in Other Exchanges
Address
2407 West 24th Street, Kearney, NE, USA, 68845-4915
Buckle Inc is a retailer of casual apparel, footwear, and accessories. The company retails medium to better-priced casual apparel, footwear, and accessories for fashion-conscious young men and women. It retails under the brand names 'Buckle' and 'The Buckle'. Buckle markets a wide selection of mostly brand-name casual apparel including denim, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear.
Executives
Kelli D Molczyk officer: SVP Women's Merchandising 2407 W 24TH STREET, KEARNEY NE 68845
Brett P Milkie officer: SVP Leasing
Dennis H Nelson director, officer: President & CEO
Thomas B Heacock director, officer: SVP Finance, Treasurer, & CFO 2407 W 24TH STREET, KEARNEY NE 68845
Bill L Fairfield director 111 SOUTH CALVERT STREET, SUITE 1900, BALTIMORE MD 21202
Michelle Hoffman officer: VP SALES 2407 W 24TH STREET, KEARNEY NE 68845
Kari G Smith officer: VP of Sales
Shruti S Joshi director 2407 W 24TH STREET, KEARNEY NE 68845
Diane L Applegate officer: VP SUPPLY CHAIN & MERCH OP 2407 W 24TH STREET, KEARNEY NE 68845
John P Peetz director 2407 W 24TH STREET, KEARNEY NE 68845
Robert M Carlberg officer: VP MEN'S MERCHANDISING 2407 W 24TH STREET, KEARNEY NE 68845
Karen B Rhoads director, officer: VP of Finance, Treasurer & CFO
James E Shada director, officer: Executive VP Sales
Bruce Hoberman director
Angie J Klein director 2407 W 24TH STREET, KEARNEY NE 68845

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