Academy Sports Outdoors Inc (ASO)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 34.45% | 34.32% | 34.44% | 34.39% | 34.78% | 34.63% | 34.69% | 34.86% | 34.84% | 34.69% | 34.18% |
| Operating profit margin | 11.07% | 11.17% | 11.69% | 12.22% | 13.31% | 13.08% | 13.44% | 13.20% | 13.46% | 13.02% | 11.41% |
| Pretax margin | 10.83% | 10.83% | 11.31% | 11.82% | 12.86% | 12.47% | 12.82% | 12.53% | 12.74% | 12.14% | 10.29% |
| Net profit margin | 8.48% | 8.37% | 8.76% | 9.12% | 9.87% | 9.53% | 9.84% | 9.71% | 9.95% | 9.51% | 8.27% |
Academy Sports Outdoors Inc has consistently maintained relatively stable gross profit margins, hovering around the mid- to high-30% range over the past several quarters. This indicates that the company has been able to effectively manage its cost of goods sold and generate a healthy level of gross profit from its operations.
In terms of operating profit margin, there has been some fluctuation, but generally, the company has maintained double-digit figures, indicating efficient management of operating expenses relative to its revenue generation. However, there has been a slight downward trend in this ratio over the past few quarters, which may warrant further investigation to ensure sustainable profitability.
The pretax margin has also shown some variability, but overall, it has remained at a healthy level above 10%. This signals that Academy Sports Outdoors Inc has been able to effectively manage its operating expenses and interest payments in relation to its revenue, resulting in a solid pretax profit margin.
Net profit margins have generally been consistent, staying within a narrow range between 8% and 10%. This suggests that the company has been able to effectively manage its tax obligations and other non-operating expenses to generate a reasonable level of net income relative to its total revenue.
Overall, Academy Sports Outdoors Inc appears to have maintained respectable profitability ratios, but management should continue to monitor operating expenses and revenue generation to ensure sustainable profitability in the future.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 14.49% | 13.79% | 15.43% | 16.53% | 18.42% | 17.56% | 18.83% | 18.53% | 19.80% | 18.19% | 15.46% |
| Return on assets (ROA) | 11.10% | 10.34% | 11.56% | 12.33% | 13.67% | 12.80% | 13.79% | 13.63% | 14.64% | 13.28% | 11.21% |
| Return on total capital | 27.79% | 28.56% | 31.07% | 33.87% | 38.26% | 37.47% | 39.76% | 39.53% | 42.22% | 41.30% | 33.60% |
| Return on equity (ROE) | 26.56% | 28.37% | 31.09% | 34.04% | 38.57% | 39.27% | 42.18% | 42.09% | 45.77% | 45.14% | 35.88% |
Academy Sports Outdoors Inc has demonstrated consistent profitability over the past several quarters, with strong performance in key profitability ratios.
1. Operating return on assets (Operating ROA) has shown a positive trend, indicating that the company is effectively generating operating profits from its assets. The most recent figure of 14.49% reflects a healthy return on assets.
2. Return on assets (ROA) has also remained stable and above 10% in recent quarters, indicating that the company is efficiently utilizing its assets to generate profits. The latest figure of 11.10% suggests a solid performance.
3. Return on total capital has shown a consistently high level of profitability, with a recent figure of 27.79%. This metric reflects the company's ability to generate substantial returns on the total capital invested in the business.
4. Return on equity (ROE) has displayed a strong upward trajectory, indicating that the company is efficiently using shareholder equity to generate profits. The latest figure of 26.56% demonstrates a robust return on equity.
Overall, Academy Sports Outdoors Inc has shown commendable profitability ratios, highlighting its efficient management of assets, capital, and equity to generate returns for its stakeholders.