Academy Sports Outdoors Inc (ASO)
Profitability ratios
Return on sales
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | |
|---|---|---|---|---|
| Gross profit margin | 34.52% | 34.86% | 34.97% | 30.93% |
| Operating profit margin | 11.09% | 13.34% | 13.51% | 7.50% |
| Pretax margin | 10.85% | 12.89% | 12.79% | 6.05% |
| Net profit margin | 8.49% | 9.89% | 9.99% | 5.51% |
Academy Sports Outdoors Inc's profitability ratios show a consistent and generally positive trend over the past four years.
The gross profit margin has remained relatively stable, ranging from 30.93% in 2021 to 34.97% in 2022, with a slight decrease to 34.52% in 2024. This indicates the company's ability to effectively manage direct costs related to goods sold.
The operating profit margin has shown an increasing trend, from 7.50% in 2021 to 13.51% in 2022, showing a strong operational efficiency and cost management. However, there was a slight decline to 11.09% in 2024, which may indicate a need to focus on controlling operating expenses.
The pretax margin has also been on a positive trajectory, increasing from 6.05% in 2021 to 12.79% in 2022, and settling at 10.85% in 2024. This indicates the company's ability to generate profits before taxes efficiently.
The net profit margin, which reflects the company's overall profitability, has shown a consistent increase over the years, from 5.51% in 2021 to 9.99% in 2022, eventually settling at 8.49% in 2024. This suggests effective management of non-operating expenses and improved bottom-line performance.
Overall, Academy Sports Outdoors Inc's profitability ratios reflect a healthy financial performance and an improving trend in profitability over the past four years.
Return on investment
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | |
|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 14.49% | 18.42% | 19.80% | 9.59% |
| Return on assets (ROA) | 11.10% | 13.67% | 14.64% | 7.04% |
| Return on total capital | 27.79% | 38.26% | 42.22% | 22.20% |
| Return on equity (ROE) | 26.56% | 38.57% | 45.77% | 27.77% |
Academy Sports Outdoors Inc has demonstrated a strong trend in profitability ratios over the last four years. The Operating Return on Assets (Operating ROA) decreased slightly from 19.80% in 2022 to 14.49% in 2024, indicating that the company's operating income generated from its assets has declined.
Return on Assets (ROA) also followed a similar trend, decreasing from 14.64% in 2022 to 11.10% in 2024. This suggests that the overall profitability generated from the company's assets has decreased over the years.
On the other hand, Return on Total Capital has shown a significant decrease from 42.22% in 2022 to 27.79% in 2024, indicating a decline in the returns generated from the total capital employed in the business.
Return on Equity (ROE) has followed a similar trend to Return on Total Capital, declining from 45.77% in 2022 to 26.56% in 2024. This shows a decrease in the returns earned by the company for its equity shareholders.
Overall, while Academy Sports Outdoors Inc has historically exhibited strong profitability ratios, there has been a notable decline in these ratios over the past few years. This trend may suggest challenges in generating returns from its assets, total capital, and equity, and may require further analysis to identify the underlying factors contributing to this decline.