WEYCO Group Stock

WEYCO Group ROA 2024

WEYCO Group ROA

0.1

Ticker

WEYS

ISIN

US9621491003

WKN

857366

In 2024, WEYCO Group's return on assets (ROA) was 0.1, a 8.04% increase from the 0.09 ROA in the previous year.

WEYCO Group Aktienanalyse

What does WEYCO Group do?

The WEYCO Group Inc is an American company based in Milwaukee that has been distributing various high-quality shoe brands since its founding in 1906. The company has specialized in selling footwear since its founding and has always sought to distinguish itself from the market and occupy a niche. The Weyco Group's business is divided into three segments: North America wholesale, North America retail, and international. The North America Wholesale segment focuses on selling shoes to retail stores, department stores, and online retailers. The Retail segment, on the other hand, includes its own retail stores under the Florsheim brand, one of the leading golf shoe manufacturers in the USA. The international segment includes the resale of shoes in the international market, Canada, Europe, and Australia. The Weyco Group has a long tradition in the production of high-quality footwear. The company started with the production of jogging shoes but quickly realized that it would not be successful in this market due to the intense competition. Instead, the company decided to focus on the design and distribution of high-quality business shoes, which proved to be the right step. The company has always been committed to maintaining a high level of quality and has sourced leather from the best possible sources to provide its customers with durability and comfort. It is this strategy that still makes their products so unique today. The shoes of the Weyco Group reflect the personal style and uniqueness of their customers. For example, the group operates an online shop called "Ranger Boot Inc." where they sell elegant and stylish boots. Celebrities like John Wayne or Clint Eastwood have already worn brands from Ranger Boot. Sales have consistently increased thanks to the concept of "less is more," and the company has almost achieved cult status among its customers. Whether elegant, stylish, or sporty, the company offers a wide range of products that impress with their quality and durability. In addition, Weyco Group Inc has also launched licensed shoe lines from well-known brands such as Florsheim, UKGear, or Stacy Adams. Thanks to their solid strategy, consistent product quality, and remarkable marketing strategy, the company has been able to successfully position itself in the market and make a name for its brands. The focus on high-quality footwear has allowed them to appeal to a wide range of customers. The company also places great value on customer service. For example, end customers benefit from free shipping and returns. The success recipe of Weyco Group Inc lies in its ability to accurately assess the needs of customers and the market and respond accordingly. The company has always strived to provide its customers with a unique experience and the highest level of comfort while maintaining the highest quality standards. This has allowed the company to become a leading provider in the American shoe market and continues to enjoy great popularity. WEYCO Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding WEYCO Group's Return on Assets (ROA)

WEYCO Group's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing WEYCO Group's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider WEYCO Group's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in WEYCO Group’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about WEYCO Group stock

What is the Return on Assets (ROA) of WEYCO Group this year?

The Return on Assets (ROA) of WEYCO Group is 0.1 undefined this year.

What was the ROA of WEYCO Group compared to the previous year?

The ROA of WEYCO Group has increased by 8.04% compared to the previous year.

What consequences do high ROA have for investors of WEYCO Group?

A high ROA is advantageous for investors of WEYCO Group, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in WEYCO Group?

A low ROA can be unfavorable for investors of WEYCO Group as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of WEYCO Group affect the company?

An increase in ROA of WEYCO Group can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of WEYCO Group impact the company?

A reduction in the ROA of WEYCO Group can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of WEYCO Group?

Some factors that can influence the ROA of WEYCO Group include revenue, operating costs, asset structure, and industry average.

Why is the ROA of WEYCO Group important for investors?

The ROA of WEYCO Group is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can WEYCO Group take to improve ROA?

To improve ROA, WEYCO Group can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does WEYCO Group pay?

Over the past 12 months, WEYCO Group paid a dividend of 0.99 USD . This corresponds to a dividend yield of about 2.8 %. For the coming 12 months, WEYCO Group is expected to pay a dividend of 0.99 USD.

What is the dividend yield of WEYCO Group?

The current dividend yield of WEYCO Group is 2.8 %.

When does WEYCO Group pay dividends?

WEYCO Group pays a quarterly dividend. This is distributed in the months of April, June, September, December.

How secure is the dividend of WEYCO Group?

WEYCO Group paid dividends every year for the past 43 years.

What is the dividend of WEYCO Group?

For the upcoming 12 months, dividends amounting to 0.99 USD are expected. This corresponds to a dividend yield of 2.8 %.

In which sector is WEYCO Group located?

WEYCO Group is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von WEYCO Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of WEYCO Group from 1/2/2025 amounting to 0.26 USD, you needed to have the stock in your portfolio before the ex-date on 11/18/2024.

When did WEYCO Group pay the last dividend?

The last dividend was paid out on 1/2/2025.

What was the dividend of WEYCO Group in the year 2023?

In the year 2023, WEYCO Group distributed 0.96 USD as dividends.

In which currency does WEYCO Group pay out the dividend?

The dividends of WEYCO Group are distributed in USD.

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Andere Kennzahlen von WEYCO Group

Our stock analysis for WEYCO Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of WEYCO Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.