Abercrombie & Fitch Company (ANF)

Return on assets (ROA)

		Jan 31, 2025	Feb 3, 2024	Jan 31, 2024	Jan 31, 2023	Jan 28, 2023
Net income	US$ in thousands	566,223	328,123	328,123	2,816	2,816
Total assets	US$ in thousands	3,299,890	2,974,230	2,974,230	2,713,100	2,713,100
ROA		17.16%	11.03%	11.03%	0.10%	0.10%

January 31, 2025 calculation

ROA = Net income ÷ Total assets
= $566,223K ÷ $3,299,890K
= 17.16%

Abercrombie & Fitch Company's return on assets (ROA) has shown a significant increase over the past few years based on the data provided. The ROA was consistent at 0.10% in January 2023 and February 2023. However, there was a substantial jump to 11.03% in January 2024, which was maintained until February 2024. The most recent data point in January 2025 indicates a further increase to 17.16%.

This improvement in ROA indicates that Abercrombie & Fitch has been able to generate higher profits relative to its total assets in recent years. A higher ROA is generally considered favorable as it suggests the company is effectively utilizing its assets to generate earnings. This trend may be indicative of improved operational efficiency, effective cost management, or strategic investments that have positively impacted the company's profitability. Investors and stakeholders may view the increasing ROA as a positive sign of Abercrombie & Fitch's financial performance and management effectiveness.