Flagship explainer

What drives CALERES, INC’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity−1%Tax burden55%net income ÷ pretax incomeInterest burden−192%pretax ÷ operating incomeOperating margin0%operating income ÷ revenueAsset turnover1.43×revenue ÷ average assetsEquity multiplier3.21×average assets ÷ average equityAs of 2026-01-31 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
−$6.7MFY2026
Income before tax−$12.2MFY2026
Operating income$6.4MFY2026
$2.8BFY2026
Ending assets$2.0BFY2026
Beginning assets$1.9BFY2025
$602MFY2026
$599MFY2025
Source: · event Jan 31, 2026 · retrieved Jul 26, 2026 · annual-row source set
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CAL dupont explainer — Buy Like Buffett · Buy Like Buffett