American Eagle Outfitters Inc (AEO)

Return on assets (ROA)

		Feb 3, 2024	Oct 28, 2023	Jul 29, 2023	Apr 29, 2023	Jan 28, 2023	Oct 29, 2022	Jul 30, 2022	Apr 30, 2022	Jan 29, 2022	Oct 30, 2021	Jul 31, 2021	Jan 30, 2021	Oct 31, 2020	Aug 1, 2020	May 2, 2020	Feb 1, 2020	Nov 2, 2019	Aug 3, 2019	May 4, 2019	Feb 2, 2019
Net income (ttm)	US$ in thousands	170,039	218,312	202,884	111,848	125,135	120,974	191,926	355,903	327,698	335,378	169,402	-209,271	-208,042	-185,389	-106,656	191,258	262,662	267,373	262,725	261,902
Total assets	US$ in thousands	3,557,910	3,520,790	3,431,910	3,373,890	3,420,960	3,672,480	3,629,220	3,701,520	3,786,640	3,750,020	3,495,020	3,434,810	3,498,220	3,627,980	3,630,110	3,328,680	3,452,250	3,359,160	3,255,350	1,903,380
ROA		4.78%	6.20%	5.91%	3.32%	3.66%	3.29%	5.29%	9.62%	8.65%	8.94%	4.85%	-6.09%	-5.95%	-5.11%	-2.94%	5.75%	7.61%	7.96%	8.07%	13.76%

February 3, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $170,039K ÷ $3,557,910K
= 4.78%

American Eagle Outfitters Inc's return on assets (ROA) has experienced fluctuations over the periods analyzed.

The ROA for the most recent period, as of February 3, 2024, stands at 4.78%, representing a decrease from the prior quarter. This decline suggests that the company's ability to generate profit from its assets has weakened compared to the previous quarter.

Looking at a longer timeframe, the ROA has shown a general trend of volatility, with peaks reaching as high as 13.76% in February 2019 and troughs dropping as low as -6.09% in July 2021. This variability indicates that the company's asset utilization and profitability have not been consistently stable over the past few years.

It is important for stakeholders to further investigate the factors influencing these fluctuations in ROA to assess the company's operational efficiency and financial performance in utilizing its assets effectively to generate profits.