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JDSPY (JD Sports Fashion) ROE % : 1.80% (As of Jul. 2024)


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What is JD Sports Fashion ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. JD Sports Fashion's annualized net income for the quarter that ended in Jul. 2024 was $56 Mil. JD Sports Fashion's average Total Stockholders Equity over the quarter that ended in Jul. 2024 was $3,113 Mil. Therefore, JD Sports Fashion's annualized ROE % for the quarter that ended in Jul. 2024 was 1.80%.

The historical rank and industry rank for JD Sports Fashion's ROE % or its related term are showing as below:

JDSPY' s ROE % Range Over the Past 10 Years
Min: 9.44   Med: 23.66   Max: 38.28
Current: 15.03

During the past 13 years, JD Sports Fashion's highest ROE % was 38.28%. The lowest was 9.44%. And the median was 23.66%.

JDSPY's ROE % is ranked better than
76.65% of 1079 companies
in the Retail - Cyclical industry
Industry Median: 5.58 vs JDSPY: 15.03

JD Sports Fashion ROE % Historical Data

The historical data trend for JD Sports Fashion'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.

JD Sports Fashion ROE % Chart

JD Sports Fashion Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.22 18.64 23.70 8.99 23.97

JD Sports Fashion Semi-Annual Data
Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
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 Premium Member Only Premium Member Only 17.15 0.36 22.00 28.84 1.80

Competitive Comparison of JD Sports Fashion's ROE %

For the Apparel Retail subindustry, JD Sports Fashion'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.


JD Sports Fashion's ROE % Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where JD Sports Fashion's ROE % falls into.



JD Sports Fashion ROE % Calculation

JD Sports Fashion'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 )
=684.625/( (2591.31+3120.966)/ 2 )
=684.625/2856.138
=23.97 %

JD Sports Fashion's annualized ROE % for the quarter that ended in Jul. 2024 is calculated as

ROE %=Net Income (Q: Jul. 2024 )/( (Total Stockholders Equity (Q: Jan. 2024 )+Total Stockholders Equity (Q: Jul. 2024 ))/ count )
=56.114/( (3120.966+3105.792)/ 2 )
=56.114/3113.379
=1.80 %

* 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 two times the semi-annual (Jul. 2024) net income data. ROE % is displayed in the 30-year financial page.


JD Sports Fashion  (OTCPK:JDSPY) 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: Jul. 2024 )
=Net Income/Total Stockholders Equity
=56.114/3113.379
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(56.114 / 12952.896)*(12952.896 / 11128.9325)*(11128.9325 / 3113.379)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.43 %*1.1639*3.5746
=ROA %*Equity Multiplier
=0.5 %*3.5746
=1.80 %

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: Jul. 2024 )
=Net Income/Total Stockholders Equity
=56.114/3113.379
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (56.114 / 325.096) * (325.096 / 1094.466) * (1094.466 / 12952.896) * (12952.896 / 11128.9325) * (11128.9325 / 3113.379)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.1726 * 0.297 * 8.45 % * 1.1639 * 3.5746
=1.80 %

Note: The net income data used here is two times the semi-annual (Jul. 2024) net income data. The Revenue data used here is two times the semi-annual (Jul. 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.


JD Sports Fashion ROE % Related Terms

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JD Sports Fashion Business Description

Traded in Other Exchanges
Address
Hollinsbrook Way, Pilsworth, Bury, Lancashire, GBR, BL9 8RR
JD Sports Fashion PLC is a U.K. retailer of branded sportswear and fashionwear. The company has stores in the United Kingdom, mainland Europe, and outside Europe. The offering includes international brands, such as Adidas, Nike, and The North Face, and own-brand labels, such as McKenzie, Carbrini, Supply & Demand, and The Duffer of St George. The store network consists of various shops: Size?, Footpatrol, Chausport, Sprinter, Scotts, Tessuti, Cloggs, Mainline, and Ultimate Outdoors, among others. Stores are specialized: Footpatrol is a sneaker provider; Size? offers footwear, apparel, and accessories; and Chausport operates throughout France selling international footwear brands, such as Nike.

JD Sports Fashion Headlines