Academy Sports Outdoors Inc (ASO)
Operating return on assets (Operating ROA)
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 538,638 | 587,908 | 700,399 | 647,044 | 681,392 | 688,390 | 695,388 | 684,853 | 674,318 | 668,155 | 661,992 | 715,318 | 768,644 | 820,578 | 872,512 | 898,483 | 917,163 | 858,631 | 818,010 | 828,630 |
| Total assets | US$ in thousands | 4,900,960 | 5,091,780 | 4,874,360 | 4,873,880 | 4,676,710 | 4,703,820 | 4,921,270 | 4,921,270 | 4,675,420 | 4,675,420 | 4,641,930 | 4,641,930 | 4,595,440 | 4,595,440 | 4,782,460 | 4,782,460 | 4,653,970 | 4,653,970 | 4,719,160 | 4,584,940 |
| Operating ROA | 10.99% | 11.55% | 14.37% | 13.28% | 14.57% | 14.63% | 14.13% | 13.92% | 14.42% | 14.29% | 14.26% | 15.41% | 16.73% | 17.86% | 18.24% | 18.79% | 19.71% | 18.45% | 17.33% | 18.07% |
January 31, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $538,638K ÷ $4,900,960K
= 10.99%
Based on the data provided, the operating return on assets (operating ROA) for Academy Sports Outdoors Inc has fluctuated over the period. In January 2022, the operating ROA was at 18.07%, indicating that for every dollar of assets, the company generated $0.1807 in operating income.
The operating ROA decreased slightly to 17.33% in April 2022 but then increased to 18.45% in July 2022, reflecting improved operational efficiency. Subsequently, there was a significant jump in operating ROA to 19.71% in July 31, 2022, but it gradually declined to 14.26% by April 30, 2023.
The operating ROA continued to decline over the following periods, reaching 10.99% by January 31, 2025, suggesting a decreasing efficiency in generating operating income relative to the company's assets. This trend may indicate challenges in effectively utilizing assets to generate profits or potential inefficiencies in the company's operations that could require further investigation and strategic management attention.
Peer comparison
Jan 31, 2025