Stock Analysis on Net
Stock Analysis on Net

Williams-Sonoma Inc. (NYSE:WSM)

This company has been moved to the archive! The financial data has not been updated since May 24, 2024.

DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
Quarterly Data

Microsoft Excel

Decomposing ROE involves expressing net income divided by shareholders’ equity as the product of component ratios.

Two-Component Disaggregation of ROE

Williams-Sonoma Inc., decomposition of ROE (quarterly data)

Microsoft Excel
ROE = ROA × Financial Leverage
Apr 28, 2024 47.92% = 20.52% × 2.34
Jan 28, 2024 44.63% = 18.01% × 2.48
Oct 29, 2023 52.41% = 19.46% × 2.69
Jul 30, 2023 59.52% = 21.10% × 2.82
Apr 30, 2023 70.24% = 23.04% × 3.05
Jan 29, 2023 66.31% = 24.19% × 2.74
Oct 30, 2022 83.22% = 25.60% × 3.25
Jul 31, 2022 91.82% = 27.17% × 3.38
May 1, 2022 88.01% = 27.37% × 3.21
Jan 30, 2022 67.68% = 24.35% × 2.78
Oct 31, 2021 66.89% = 23.06% × 2.90
Aug 1, 2021 64.49% = 23.19% × 2.78
May 2, 2021 60.33% = 21.24% × 2.84
Jan 31, 2021 41.23% = 14.60% × 2.82
Nov 1, 2020 38.36% = 12.48% × 3.07
Aug 2, 2020 30.82% = 9.15% × 3.37
May 3, 2020 27.80% = 7.67% × 3.62
Feb 2, 2020 28.81% = 8.78% × 3.28
Nov 3, 2019 30.51% = 8.71% × 3.50
Aug 4, 2019 31.39% = 9.10% × 3.45
May 5, 2019 30.41% = 9.01% × 3.38
Feb 3, 2019 28.87% = 11.86% × 2.43
Oct 28, 2018 — = — × 2.49
Jul 29, 2018 — = — × 2.41
Apr 29, 2018 — = — × 2.22

Based on: 10-Q (reporting date: 2024-04-28), 10-K (reporting date: 2024-01-28), 10-Q (reporting date: 2023-10-29), 10-Q (reporting date: 2023-07-30), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-29), 10-Q (reporting date: 2022-10-30), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-05-01), 10-K (reporting date: 2022-01-30), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-11-01), 10-Q (reporting date: 2020-08-02), 10-Q (reporting date: 2020-05-03), 10-K (reporting date: 2020-02-02), 10-Q (reporting date: 2019-11-03), 10-Q (reporting date: 2019-08-04), 10-Q (reporting date: 2019-05-05), 10-K (reporting date: 2019-02-03), 10-Q (reporting date: 2018-10-28), 10-Q (reporting date: 2018-07-29), 10-Q (reporting date: 2018-04-29).

The primary reason for the increase in return on equity ratio (ROE) over Q1 2025 is the increase in profitability measured by return on assets ratio (ROA).

Three-Component Disaggregation of ROE

Williams-Sonoma Inc., decomposition of ROE (quarterly data)

Microsoft Excel
ROE = Net Profit Margin × Asset Turnover × Financial Leverage
Apr 28, 2024 47.92% = 13.83% × 1.48 × 2.34
Jan 28, 2024 44.63% = 12.25% × 1.47 × 2.48
Oct 29, 2023 52.41% = 11.99% × 1.62 × 2.69
Jul 30, 2023 59.52% = 11.67% × 1.81 × 2.82
Apr 30, 2023 70.24% = 12.07% × 1.91 × 3.05
Jan 29, 2023 66.31% = 13.00% × 1.86 × 2.74
Oct 30, 2022 83.22% = 13.48% × 1.90 × 3.25
Jul 31, 2022 91.82% = 13.68% × 1.99 × 3.38
May 1, 2022 88.01% = 13.74% × 1.99 × 3.21
Jan 30, 2022 67.68% = 13.66% × 1.78 × 2.78
Oct 31, 2021 66.89% = 12.84% × 1.80 × 2.90
Aug 1, 2021 64.49% = 12.70% × 1.83 × 2.78
May 2, 2021 60.33% = 11.97% × 1.78 × 2.84
Jan 31, 2021 41.23% = 10.04% × 1.46 × 2.82
Nov 1, 2020 38.36% = 8.49% × 1.47 × 3.07
Aug 2, 2020 30.82% = 6.83% × 1.34 × 3.37
May 3, 2020 27.80% = 5.75% × 1.33 × 3.62
Feb 2, 2020 28.81% = 6.04% × 1.45 × 3.28
Nov 3, 2019 30.51% = 5.86% × 1.49 × 3.50
Aug 4, 2019 31.39% = 6.07% × 1.50 × 3.45
May 5, 2019 30.41% = 5.98% × 1.51 × 3.38
Feb 3, 2019 28.87% = 5.88% × 2.02 × 2.43
Oct 28, 2018 — = — × — × 2.49
Jul 29, 2018 — = — × — × 2.41
Apr 29, 2018 — = — × — × 2.22

Based on: 10-Q (reporting date: 2024-04-28), 10-K (reporting date: 2024-01-28), 10-Q (reporting date: 2023-10-29), 10-Q (reporting date: 2023-07-30), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-29), 10-Q (reporting date: 2022-10-30), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-05-01), 10-K (reporting date: 2022-01-30), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-11-01), 10-Q (reporting date: 2020-08-02), 10-Q (reporting date: 2020-05-03), 10-K (reporting date: 2020-02-02), 10-Q (reporting date: 2019-11-03), 10-Q (reporting date: 2019-08-04), 10-Q (reporting date: 2019-05-05), 10-K (reporting date: 2019-02-03), 10-Q (reporting date: 2018-10-28), 10-Q (reporting date: 2018-07-29), 10-Q (reporting date: 2018-04-29).

The primary reason for the increase in return on equity ratio (ROE) over Q1 2025 is the increase in profitability measured by net profit margin ratio.

Five-Component Disaggregation of ROE

Williams-Sonoma Inc., decomposition of ROE (quarterly data)

Microsoft Excel
ROE = Tax Burden × Interest Burden × EBIT Margin × Asset Turnover × Financial Leverage
Apr 28, 2024 47.92% = 0.75 × 1.03 × 17.88% × 1.48 × 2.34
Jan 28, 2024 44.63% = 0.75 × 1.02 × 16.05% × 1.47 × 2.48
Oct 29, 2023 52.41% = 0.75 × 1.01 × 15.85% × 1.62 × 2.69
Jul 30, 2023 59.52% = 0.75 × 1.01 × 15.49% × 1.81 × 2.82
Apr 30, 2023 70.24% = 0.75 × 1.01 × 16.10% × 1.91 × 3.05
Jan 29, 2023 66.31% = 0.75 × 1.00 × 17.27% × 1.86 × 2.74
Oct 30, 2022 83.22% = 0.76 × 1.00 × 17.81% × 1.90 × 3.25
Jul 31, 2022 91.82% = 0.76 × 1.00 × 18.00% × 1.99 × 3.38
May 1, 2022 88.01% = 0.77 × 1.00 × 17.90% × 1.99 × 3.21
Jan 30, 2022 67.68% = 0.78 × 1.00 × 17.62% × 1.78 × 2.78
Oct 31, 2021 66.89% = 0.78 × 1.00 × 16.56% × 1.80 × 2.90
Aug 1, 2021 64.49% = 0.78 × 0.99 × 16.44% × 1.83 × 2.78
May 2, 2021 60.33% = 0.78 × 0.99 × 15.58% × 1.78 × 2.84
Jan 31, 2021 41.23% = 0.76 × 0.98 × 13.43% × 1.46 × 2.82
Nov 1, 2020 38.36% = 0.77 × 0.98 × 11.25% × 1.47 × 3.07
Aug 2, 2020 30.82% = 0.78 × 0.98 × 8.98% × 1.34 × 3.37
May 3, 2020 27.80% = 0.79 × 0.98 × 7.47% × 1.33 × 3.62
Feb 2, 2020 28.81% = 0.78 × 0.98 × 7.90% × 1.45 × 3.28
Nov 3, 2019 30.51% = 0.76 × 0.98 × 7.86% × 1.49 × 3.50
Aug 4, 2019 31.39% = 0.79 × 0.98 × 7.85% × 1.50 × 3.45
May 5, 2019 30.41% = 0.78 × 0.98 × 7.77% × 1.51 × 3.38
Feb 3, 2019 28.87% = 0.78 × 0.98 × 7.69% × 2.02 × 2.43
Oct 28, 2018 — = — × — × — × — × 2.49
Jul 29, 2018 — = — × — × — × — × 2.41
Apr 29, 2018 — = — × — × — × — × 2.22

Based on: 10-Q (reporting date: 2024-04-28), 10-K (reporting date: 2024-01-28), 10-Q (reporting date: 2023-10-29), 10-Q (reporting date: 2023-07-30), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-29), 10-Q (reporting date: 2022-10-30), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-05-01), 10-K (reporting date: 2022-01-30), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-11-01), 10-Q (reporting date: 2020-08-02), 10-Q (reporting date: 2020-05-03), 10-K (reporting date: 2020-02-02), 10-Q (reporting date: 2019-11-03), 10-Q (reporting date: 2019-08-04), 10-Q (reporting date: 2019-05-05), 10-K (reporting date: 2019-02-03), 10-Q (reporting date: 2018-10-28), 10-Q (reporting date: 2018-07-29), 10-Q (reporting date: 2018-04-29).

The primary reason for the increase in return on equity ratio (ROE) over Q1 2025 is the increase in operating profitability measured by EBIT margin ratio.

Two-Component Disaggregation of ROA

Williams-Sonoma Inc., decomposition of ROA (quarterly data)

Microsoft Excel
ROA = Net Profit Margin × Asset Turnover
Apr 28, 2024 20.52% = 13.83% × 1.48
Jan 28, 2024 18.01% = 12.25% × 1.47
Oct 29, 2023 19.46% = 11.99% × 1.62
Jul 30, 2023 21.10% = 11.67% × 1.81
Apr 30, 2023 23.04% = 12.07% × 1.91
Jan 29, 2023 24.19% = 13.00% × 1.86
Oct 30, 2022 25.60% = 13.48% × 1.90
Jul 31, 2022 27.17% = 13.68% × 1.99
May 1, 2022 27.37% = 13.74% × 1.99
Jan 30, 2022 24.35% = 13.66% × 1.78
Oct 31, 2021 23.06% = 12.84% × 1.80
Aug 1, 2021 23.19% = 12.70% × 1.83
May 2, 2021 21.24% = 11.97% × 1.78
Jan 31, 2021 14.60% = 10.04% × 1.46
Nov 1, 2020 12.48% = 8.49% × 1.47
Aug 2, 2020 9.15% = 6.83% × 1.34
May 3, 2020 7.67% = 5.75% × 1.33
Feb 2, 2020 8.78% = 6.04% × 1.45
Nov 3, 2019 8.71% = 5.86% × 1.49
Aug 4, 2019 9.10% = 6.07% × 1.50
May 5, 2019 9.01% = 5.98% × 1.51
Feb 3, 2019 11.86% = 5.88% × 2.02
Oct 28, 2018 — = — × —
Jul 29, 2018 — = — × —
Apr 29, 2018 — = — × —

Based on: 10-Q (reporting date: 2024-04-28), 10-K (reporting date: 2024-01-28), 10-Q (reporting date: 2023-10-29), 10-Q (reporting date: 2023-07-30), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-29), 10-Q (reporting date: 2022-10-30), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-05-01), 10-K (reporting date: 2022-01-30), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-11-01), 10-Q (reporting date: 2020-08-02), 10-Q (reporting date: 2020-05-03), 10-K (reporting date: 2020-02-02), 10-Q (reporting date: 2019-11-03), 10-Q (reporting date: 2019-08-04), 10-Q (reporting date: 2019-05-05), 10-K (reporting date: 2019-02-03), 10-Q (reporting date: 2018-10-28), 10-Q (reporting date: 2018-07-29), 10-Q (reporting date: 2018-04-29).

The primary reason for the increase in return on assets ratio (ROA) over Q1 2025 is the increase in profitability measured by net profit margin ratio.

Four-Component Disaggregation of ROA

Williams-Sonoma Inc., decomposition of ROA (quarterly data)

Microsoft Excel
ROA = Tax Burden × Interest Burden × EBIT Margin × Asset Turnover
Apr 28, 2024 20.52% = 0.75 × 1.03 × 17.88% × 1.48
Jan 28, 2024 18.01% = 0.75 × 1.02 × 16.05% × 1.47
Oct 29, 2023 19.46% = 0.75 × 1.01 × 15.85% × 1.62
Jul 30, 2023 21.10% = 0.75 × 1.01 × 15.49% × 1.81
Apr 30, 2023 23.04% = 0.75 × 1.01 × 16.10% × 1.91
Jan 29, 2023 24.19% = 0.75 × 1.00 × 17.27% × 1.86
Oct 30, 2022 25.60% = 0.76 × 1.00 × 17.81% × 1.90
Jul 31, 2022 27.17% = 0.76 × 1.00 × 18.00% × 1.99
May 1, 2022 27.37% = 0.77 × 1.00 × 17.90% × 1.99
Jan 30, 2022 24.35% = 0.78 × 1.00 × 17.62% × 1.78
Oct 31, 2021 23.06% = 0.78 × 1.00 × 16.56% × 1.80
Aug 1, 2021 23.19% = 0.78 × 0.99 × 16.44% × 1.83
May 2, 2021 21.24% = 0.78 × 0.99 × 15.58% × 1.78
Jan 31, 2021 14.60% = 0.76 × 0.98 × 13.43% × 1.46
Nov 1, 2020 12.48% = 0.77 × 0.98 × 11.25% × 1.47
Aug 2, 2020 9.15% = 0.78 × 0.98 × 8.98% × 1.34
May 3, 2020 7.67% = 0.79 × 0.98 × 7.47% × 1.33
Feb 2, 2020 8.78% = 0.78 × 0.98 × 7.90% × 1.45
Nov 3, 2019 8.71% = 0.76 × 0.98 × 7.86% × 1.49
Aug 4, 2019 9.10% = 0.79 × 0.98 × 7.85% × 1.50
May 5, 2019 9.01% = 0.78 × 0.98 × 7.77% × 1.51
Feb 3, 2019 11.86% = 0.78 × 0.98 × 7.69% × 2.02
Oct 28, 2018 — = — × — × — × —
Jul 29, 2018 — = — × — × — × —
Apr 29, 2018 — = — × — × — × —

Based on: 10-Q (reporting date: 2024-04-28), 10-K (reporting date: 2024-01-28), 10-Q (reporting date: 2023-10-29), 10-Q (reporting date: 2023-07-30), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-29), 10-Q (reporting date: 2022-10-30), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-05-01), 10-K (reporting date: 2022-01-30), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-11-01), 10-Q (reporting date: 2020-08-02), 10-Q (reporting date: 2020-05-03), 10-K (reporting date: 2020-02-02), 10-Q (reporting date: 2019-11-03), 10-Q (reporting date: 2019-08-04), 10-Q (reporting date: 2019-05-05), 10-K (reporting date: 2019-02-03), 10-Q (reporting date: 2018-10-28), 10-Q (reporting date: 2018-07-29), 10-Q (reporting date: 2018-04-29).

The primary reason for the increase in return on assets ratio (ROA) over Q1 2025 is the increase in operating profitability measured by EBIT margin ratio.

Disaggregation of Net Profit Margin

Williams-Sonoma Inc., decomposition of net profit margin ratio (quarterly data)

Microsoft Excel
Net Profit Margin = Tax Burden × Interest Burden × EBIT Margin
Apr 28, 2024 13.83% = 0.75 × 1.03 × 17.88%
Jan 28, 2024 12.25% = 0.75 × 1.02 × 16.05%
Oct 29, 2023 11.99% = 0.75 × 1.01 × 15.85%
Jul 30, 2023 11.67% = 0.75 × 1.01 × 15.49%
Apr 30, 2023 12.07% = 0.75 × 1.01 × 16.10%
Jan 29, 2023 13.00% = 0.75 × 1.00 × 17.27%
Oct 30, 2022 13.48% = 0.76 × 1.00 × 17.81%
Jul 31, 2022 13.68% = 0.76 × 1.00 × 18.00%
May 1, 2022 13.74% = 0.77 × 1.00 × 17.90%
Jan 30, 2022 13.66% = 0.78 × 1.00 × 17.62%
Oct 31, 2021 12.84% = 0.78 × 1.00 × 16.56%
Aug 1, 2021 12.70% = 0.78 × 0.99 × 16.44%
May 2, 2021 11.97% = 0.78 × 0.99 × 15.58%
Jan 31, 2021 10.04% = 0.76 × 0.98 × 13.43%
Nov 1, 2020 8.49% = 0.77 × 0.98 × 11.25%
Aug 2, 2020 6.83% = 0.78 × 0.98 × 8.98%
May 3, 2020 5.75% = 0.79 × 0.98 × 7.47%
Feb 2, 2020 6.04% = 0.78 × 0.98 × 7.90%
Nov 3, 2019 5.86% = 0.76 × 0.98 × 7.86%
Aug 4, 2019 6.07% = 0.79 × 0.98 × 7.85%
May 5, 2019 5.98% = 0.78 × 0.98 × 7.77%
Feb 3, 2019 5.88% = 0.78 × 0.98 × 7.69%
Oct 28, 2018 — = — × — × —
Jul 29, 2018 — = — × — × —
Apr 29, 2018 — = — × — × —

Based on: 10-Q (reporting date: 2024-04-28), 10-K (reporting date: 2024-01-28), 10-Q (reporting date: 2023-10-29), 10-Q (reporting date: 2023-07-30), 10-Q (reporting date: 2023-04-30), 10-K (reporting date: 2023-01-29), 10-Q (reporting date: 2022-10-30), 10-Q (reporting date: 2022-07-31), 10-Q (reporting date: 2022-05-01), 10-K (reporting date: 2022-01-30), 10-Q (reporting date: 2021-10-31), 10-Q (reporting date: 2021-08-01), 10-Q (reporting date: 2021-05-02), 10-K (reporting date: 2021-01-31), 10-Q (reporting date: 2020-11-01), 10-Q (reporting date: 2020-08-02), 10-Q (reporting date: 2020-05-03), 10-K (reporting date: 2020-02-02), 10-Q (reporting date: 2019-11-03), 10-Q (reporting date: 2019-08-04), 10-Q (reporting date: 2019-05-05), 10-K (reporting date: 2019-02-03), 10-Q (reporting date: 2018-10-28), 10-Q (reporting date: 2018-07-29), 10-Q (reporting date: 2018-04-29).

The primary reason for the increase in net profit margin ratio over Q1 2025 is the increase in operating profitability measured by EBIT margin ratio.