Academy Sports Outdoors Inc (ASO)
Return on assets (ROA)
| 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 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 519,190 | 508,676 | 540,439 | 572,165 | 628,001 | 612,118 | 641,682 | 643,391 | 671,381 | 621,133 | 519,414 | |||
| Total assets | US$ in thousands | 4,676,710 | 4,921,270 | 4,675,420 | 4,641,930 | 4,595,440 | 4,782,460 | 4,653,970 | 4,719,160 | 4,584,940 | 4,676,000 | 4,634,030 | 4,657,310 | 4,384,480 | 4,981,920 |
| ROA | 11.10% | 10.34% | 11.56% | 12.33% | 13.67% | 12.80% | 13.79% | 13.63% | 14.64% | 13.28% | 11.21% |
February 3, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $519,190K ÷ $4,676,710K
= 11.10%
Academy Sports Outdoors Inc's return on assets (ROA) has shown some variability over the recent periods, ranging from 10.34% to 14.64%. Generally, the company's ROA has been relatively consistent and positive, indicating its ability to generate profits from its assets.
The higher ROA figures, such as 14.64% and 13.67%, suggest that Academy Sports Outdoors has been efficient in utilizing its assets to generate earnings. However, it is noteworthy that the ROA experienced a slight decrease in some periods, like the 10.34% recorded in the Oct 28, 2023, period.
Overall, the trend indicates that Academy Sports Outdoors Inc has been able to maintain a healthy level of profitability relative to its assets, though some fluctuations in performance are evident. Further analysis would be required to understand the factors driving these changes and to assess the company's overall financial health.
Peer comparison
Feb 3, 2024