Shoe Carnival, Inc. (SHOE) Return on equity 2017–2025
Shoe Carnival, Inc. (SHOE) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
10.7%FY2025 · since FY2017: 7.7% → 10.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 10.7% | -0.6 pp |
| FY2024 | 11.3% | -7.6 pp |
| FY2023 | 18.9% | -10.6 pp |
| FY2022 | 29.5% | +25.9 pp |
| FY2021 | 3.5% | -10.3 pp |
| FY2020 | 13.8% | +1.0 pp |
| FY2019 | 12.8% | +6.6 pp |
| FY2018 | 6.2% | -1.4 pp |
| FY2017 | 7.7% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice