Academy Sports Outdoors Inc (ASO)
Operating return on assets (Operating ROA)
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 538,639 | 677,855 | 677,855 | 846,549 | 846,549 |
| Total assets | US$ in thousands | 4,900,960 | 4,676,710 | 4,676,710 | 4,595,440 | 4,595,440 |
| Operating ROA | 10.99% | 14.49% | 14.49% | 18.42% | 18.42% |
January 31, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $538,639K ÷ $4,900,960K
= 10.99%
Academy Sports Outdoors Inc's operating return on assets (ROA) has shown a gradual decline over the years based on the provided data. As of January 28, 2023, and January 31, 2023, the operating ROA was consistent at 18.42%. However, by January 31, 2024, and February 3, 2024, there was a notable decrease to 14.49% which remained constant. The most recent figure as of January 31, 2025, indicates a further decline to 10.99%.
This trend suggests that the company's ability to generate profits from its assets utilized in operations has weakened over time. A declining operating ROA may indicate inefficiency in utilizing its assets to generate earnings or increased operating expenses that are impacting bottom-line performance. Management may need to assess operational strategies and cost structures to improve efficiency and profitability.
Peer comparison
Jan 31, 2025