Canada Goose Holdings (TSX:GOOS) ROE %: 19.15% (As of Mar. 2026) — Near Median


TSX:GOOS Canada Goose Holdings Inc TSX:GOOS
82 GF Score
Price C$13.44
GF Value C$19.27
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Canada Goose Holdings ROE %?

Canada Goose Holdings TSX:GOOS +1.20% 82 ROE % is 19.15% as of Mar. 2026, which is 9% above its 10-year median of 17.51. GuruFocus rates TSX:GOOS with a GF Score™ of 82/100 and a GF Value™ of C$19.27 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,025 Manufacturing - Apparel & Accessories companies, Canada Goose Holdings ranks better than 51.22% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Canada Goose Holdings's annualized net income for the quarter that ended in Mar. 2026 was C$112 Mil. Canada Goose Holdings's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was C$587 Mil. Therefore, Canada Goose Holdings's annualized ROE % for the quarter that ended in Mar. 2026 was 19.15%.

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

TSX:GOOS' s ROE % Range Over the Past 10 Years
Min: 3.91   Med: 17.51   Max: 49.31
Current: 4.38

During the past 12 years, Canada Goose Holdings's highest ROE % was 49.31%. The lowest was 3.91%. And the median was 17.51%.

TSX:GOOS's ROE % is ranked better than
51.22% of 1025 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.13 vs TSX:GOOS: 4.38

Canada Goose Holdings  (TSX:GOOS) 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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=112.4/586.9
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(112.4 / 1813.2)*(1813.2 / 1774.9)*(1774.9 / 586.9)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.2 %*1.0216*3.0242
=ROA %*Equity Multiplier
=6.33 %*3.0242
=19.15 %

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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=112.4/586.9
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (112.4 / 232.8) * (232.8 / 259.6) * (259.6 / 1813.2) * (1813.2 / 1774.9) * (1774.9 / 586.9)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.4828 * 0.8968 * 14.32 % * 1.0216 * 3.0242
=19.15 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.


Canada Goose Holdings ROE % Related Terms


Canada Goose Holdings ROE % Historical Data

* Premium members only.

The historical data trend for Canada Goose 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.

Canada Goose Holdings ROE % Chart

Canada Goose Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.82 16.20 13.18 19.79 3.91

Canada Goose Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 20.93 -102.95 -14.21 109.02 19.15

TSX:GOOS vs RL, LEVI, VFC: ROE % Comparison

For the Apparel Manufacturing subindustry, Canada Goose 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.


Canada Goose Holdings ROE % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Canada Goose Holdings's ROE % distribution charts can be found below:

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


TSX:GOOS
82GF Score
Canada Goose Holdings Inc TSX:GOOS
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canada Goose Holdings ROE % Calculation

Canada Goose Holdings's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=22.5/( (541.2+608.4)/ 2 )
=22.5/574.8
=3.91 %

Canada Goose Holdings's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=112.4/( (565.4+608.4)/ 2 )
=112.4/586.9
=19.15 %

* 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 (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 19.15% mean?
Canada Goose Holdings (TSX:GOOS) has a ROE % of 19.15% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Canada Goose Holdings and its competitors. This is near median its historical median of 17.51. Over the past decade, Canada Goose Holdings' ROE % has ranged from 3.91 to 49.31. According to the industry distribution chart, Canada Goose Holdings ranks #500 out of 1025 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 48.8%.
Is Canada Goose Holdings' ROE % too high?
Canada Goose Holdings' current ROE % of 19.15% is near median its 10-year median of 17.51. Over the past 10 years, this metric has ranged from a low of 3.91 to a high of 49.31. The Manufacturing - Apparel & Accessories industry median ROE % is 4.13. Canada Goose Holdings' value of 19.15% is 363.7% above this industry median. Based on the distribution chart, Canada Goose Holdings ranks #500 out of 1025 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Canada Goose Holdings has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Canada Goose Holdings' ROE % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Canada Goose Holdings ranks #500 out of 1025 companies for ROE %. This puts Canada Goose Holdings in the upper half of its industry. The industry median ROE % is 4.13. Canada Goose Holdings' value of 19.15% is 363.7% above this benchmark. Historically, Canada Goose Holdings' own ROE % has ranged from 3.91 to 49.31 over the past decade. While the company's 10-year median is 17.51 vs. the industry median of 4.13, Canada Goose Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Manufacturing - Apparel & Accessories company?
The median ROE % among Manufacturing - Apparel & Accessories companies is 4.13, based on 1,025 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canada Goose Holdings's current ROE % of 19.15% is 363.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Canada Goose Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROE % is 4.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canada Goose Holdings's current ROE % is 19.15%, which is near median its own 10-year median of 17.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canada Goose Holdings stock overvalued right now?
Based on GuruFocus' analysis, Canada Goose Holdings (TSX:GOOS) is currently considered Significantly Undervalued. The stock's GF Value™ is C$19.27, compared to a current price of C$13.44 — trading 30.3% below its estimated fair value. The current ROE % is 19.15%, which is near median its 10-year median of 17.51 and 363.7% above the Manufacturing - Apparel & Accessories industry median of 4.13. Canada Goose Holdings' overall GF Score™ is 82/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Canada Goose Holdings (TSX:GOOS), the current ROE % is 19.15% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Canada Goose Holdings (TSX:GOOS) Overvalued in 2026?

Based on GuruFocus' analysis, Canada Goose Holdings stock appears to be undervalued. The current stock price of C$13.44 is trading 30.3% below its estimated GF Value™ of C$19.27. GuruFocus considers Canada Goose Holdings to be Significantly Undervalued.

Key valuation signals for TSX:GOOS:

  • ROE %: 19.15% (near median its 10-year median of 17.51)
  • GF Value™: C$19.27 vs. price of C$13.44 (30.3% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 363.7% above the Manufacturing - Apparel & Accessories median (#500 of 1025)

No single metric tells the full story. See the TSX:GOOS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Canada Goose Holdings Business Description

Other Exchanges GOOS:USA0UNA:UK1GC:Germany
Address 100 Queens Quay East, Floor 22, Toronto, ON, CAN, M5E 1V3
Canada Goose Holdings Inc is a Canada-based company that designs, manufactures, distributes, and retails premium outerwear for men, women, and children. It operates business through three segments namely, Wholesale; Direct to Consumer (DTC), and Other. The DTC segment, which is the key revenue driver, comprises sales through country-specific e-commerce platforms and its company-owned retail stores located in luxury shopping locations. The Wholesale segment comprises sales made to a mix of retailers and international distributors, who are partners that have exclusive rights to an entire market, and travel retail locations. Geographically, it has a presence in Canada, the United States, North America, Greater China, Asia-Pacific, and Europe, the Middle East, and Africa.
82GF Score

Get the complete analysis for TSX:GOOS

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$13.44
Price
C$19.27
GF Value