Academy Sports Outdoors Inc (ASO)

Return on assets (ROA)

		Jan 31, 2025	Feb 3, 2024	Jan 31, 2024	Jan 31, 2023	Jan 28, 2023
Net income	US$ in thousands	418,447	519,190	519,190	628,001	628,001
Total assets	US$ in thousands	4,900,960	4,676,710	4,676,710	4,595,440	4,595,440
ROA		8.54%	11.10%	11.10%	13.67%	13.67%

January 31, 2025 calculation

ROA = Net income ÷ Total assets
= $418,447K ÷ $4,900,960K
= 8.54%

Academy Sports Outdoors Inc's return on assets (ROA) has shown a decreasing trend over the specified periods. In January 2023 and February 2024, the ROA was relatively stable at 13.67% and 11.10% respectively. However, by January 2025, the ROA decreased to 8.54%. This decline in ROA indicates that the company's efficiency in generating profits from its assets has decreased over time. It is important for the company to analyze the factors leading to this decline and implement strategies to improve its asset utilization efficiency for sustainable profitability.

Peer comparison

Jan 31, 2025

Company name

Symbol

ROA

Academy Sports Outdoors Inc

ASO

8.54%

Dick’s Sporting Goods Inc