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Genesco (Genesco) ROE % : 19.63% (As of Jan. 2024)


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What is Genesco ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Genesco's annualized net income for the quarter that ended in Jan. 2024 was $109 Mil. Genesco's average Total Stockholders Equity over the quarter that ended in Jan. 2024 was $554 Mil. Therefore, Genesco's annualized ROE % for the quarter that ended in Jan. 2024 was 19.63%.

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

GCO' s ROE % Range Over the Past 10 Years
Min: -12.78   Med: 9.37   Max: 19.65
Current: -2.97

During the past 13 years, Genesco's highest ROE % was 19.65%. The lowest was -12.78%. And the median was 9.37%.

GCO's ROE % is ranked worse than
73.9% of 1088 companies
in the Retail - Cyclical industry
Industry Median: 5.96 vs GCO: -2.97

Genesco ROE % Historical Data

The historical data trend for Genesco'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.

Genesco ROE % Chart

Genesco 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 9.05 -9.52 19.65 11.89 -2.86

Genesco Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 26.72 -12.70 -22.71 4.89 19.63

Competitive Comparison of Genesco's ROE %

For the Apparel Retail subindustry, Genesco'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.


Genesco's ROE % Distribution in the Retail - Cyclical Industry

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

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



Genesco ROE % Calculation

Genesco'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 )
=-16.827/( (606.966+571.202)/ 2 )
=-16.827/589.084
=-2.86 %

Genesco'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 )
=108.756/( (536.958+571.202)/ 2 )
=108.756/554.08
=19.63 %

* 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.


Genesco  (NYSE:GCO) 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
=108.756/554.08
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(108.756 / 2955.8)*(2955.8 / 1411.4105)*(1411.4105 / 554.08)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.68 %*2.0942*2.5473
=ROA %*Equity Multiplier
=7.71 %*2.5473
=19.63 %

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
=108.756/554.08
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (108.756 / 142.508) * (142.508 / 154.072) * (154.072 / 2955.8) * (2955.8 / 1411.4105) * (1411.4105 / 554.08)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7632 * 0.9249 * 5.21 % * 2.0942 * 2.5473
=19.63 %

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.


Genesco ROE % Related Terms

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


Genesco (Genesco) Business Description

Traded in Other Exchanges
Address
535 Marriott Drive, Nashville, TN, USA, 37214
Genesco Inc sells footwear, headwear, sports apparel, and accessories. The company has four reportable segments namely Journeys Group, derives maximum revenue which comprised of Journeys, Journeys Kidz and Little Burgundy retail footwear chains, e-commerce operations, and catalog. Its Schuh Group comprised of the Schuh retail footwear chain and e-commerce operations. The Johnston & Murphy Group, comprised of Johnston & Murphy retail operations, e-commerce operations and catalog and wholesale distribution of products under the Johnston & Murphy and H.S. Trask brands. Licensed Brands, comprised of Dockers Footwear, under a license from Levi Strauss & Company.
Executives
Gregory A Sandfort director GENESCO INC., 535 MARRIOTT DRIVE, NASHVILLE TN 37214
Matthew C Diamond director
Daniel E Ewoldsen officer: Senior VP 535 MARRIOTT DRIVE, NASHVILLE TN 37214
Mimi Eckel Vaughn officer: Vice President C/O GENESCO INC, 535 MARRIOTT DRIVE, NASHVILLE TN 37214
Thomas George officer: Sr VP-Finance and Interim CFO 535 MARRIOTT DRIVE, NASHVILLE TN 37214
Matthew M Bilunas director C/O BEST BUY CO., INC., 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Carolyn Bojanowski director 79 CLYDE, SAN RAFAEL CA 94901
Kathleen Mason director GENESCO INC., 1415 MURFREESBORO ROAD, NASHVILLE TN 37217
Mary E Meixelsperger director 810 DSW DRIVE, COLUMBUS OH 43219
Angel R Martinez director C/O TUPPERWARE BRANDS CORP, PO BOX 2353, ORLANDO FL 32802-2353
Marty G Dickens director
Thurgood Jr Marshall director 3000 K STREET N W, SUITE 300, WASHINGTON DC 20007-5116
John F Lambros director 535 MARRIOTT DRIVE, NASHVILLE TN 37214
Robert J Dennis officer: Senior Vice President GENESCO INC., 1415 MURFREESBORO ROAD, NASHVILLE TN 37217
Brently G. Baxter officer: VP & Chief Accounting Officer C/O GENESCO INC., 535 MARRIOTT DRIVE, NASHVILLE TN 37214