Albertsons Companies (ACI)
Return on assets (ROA)
Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 958,600 | 1,037,300 | 998,100 | 1,119,500 | 1,296,000 | 1,356,600 | 1,370,700 | 1,446,500 | 1,513,500 | 1,657,500 | 1,706,500 | 1,659,000 | 1,619,600 | 1,020,300 | 719,500 | 708,800 | 850,200 | 1,062,200 | 993,300 | 1,003,600 |
Total assets | US$ in thousands | 26,755,700 | 26,665,300 | 26,528,400 | 26,077,000 | 28,794,700 | 26,496,500 | 26,322,500 | 25,817,200 | 26,168,200 | 30,214,700 | 28,754,100 | 28,220,000 | 28,123,000 | 27,936,100 | 27,344,300 | 26,781,900 | 26,598,000 | 26,319,300 | 26,469,600 | 25,987,800 |
ROA | 3.58% | 3.89% | 3.76% | 4.29% | 4.50% | 5.12% | 5.21% | 5.60% | 5.78% | 5.49% | 5.93% | 5.88% | 5.76% | 3.65% | 2.63% | 2.65% | 3.20% | 4.04% | 3.75% | 3.86% |
February 28, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $958,600K ÷ $26,755,700K
= 3.58%
The analysis of Albertsons Companies' return on assets (ROA) over the specified period reveals notable fluctuations. From May 31, 2020, through February 28, 2021, the ROA exhibited a relatively stable range, varying between approximately 3.20% and 4.04%, with a slight decline observed in May 2021 to around 2.65%. Subsequently, the ROA experienced a significant upward movement beginning in November 2021, reaching a peak of approximately 5.88% in May 2022, indicating an improvement in asset efficiency and profitability during this period.
This upward trend was sustained into 2022, with the ROA maintaining levels above 5.5% through August 2022. However, a modest decline was apparent afterward, with the ROA decreasing to approximately 5.49% by November 2022 and further slightly declining to 5.78% in February 2023. For most of 2023, the ROA remained relatively stable around the 5.2% to 5.6% range, signaling consistent asset utilization.
Beginning in late 2023 and extending into early 2024, a downward trend became evident, with the ROA diminishing from approximately 5.12% in November 2023 to about 4.50% in February 2024. This decline accelerated into 2024, reaching roughly 3.58% by February 2025. The overall pattern indicates a reduction in asset profitability and efficiency over the most recent periods of observation.
In summary, Albertsons Companies' ROA experienced periods of growth and peak profitability around late 2021 and early 2022, followed by a gradual and then sharper decline starting in late 2023 through early 2025. These trends suggest fluctuations in operational efficiency and asset utilization, potentially influenced by external economic factors, company-specific strategic changes, or wider industry conditions.
Peer comparison
Feb 28, 2025