Academy Sports Outdoors Inc (ASO)
Return on assets (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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 418,447 | 452,983 | 555,387 | 512,777 | 536,290 | 525,198 | 514,106 | 508,098 | 502,090 | 502,668 | 503,246 | 541,017 | 578,788 | 609,936 | 641,084 | 659,149 | 669,178 | 622,147 | 594,651 | 606,150 |
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 |
ROA | 8.54% | 8.90% | 11.39% | 10.52% | 11.47% | 11.17% | 10.45% | 10.32% | 10.74% | 10.75% | 10.84% | 11.66% | 12.59% | 13.27% | 13.40% | 13.78% | 14.38% | 13.37% | 12.60% | 13.22% |
January 31, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $418,447K ÷ $4,900,960K
= 8.54%
Academy Sports Outdoors Inc's Return on Assets (ROA) has fluctuated over the provided time period. Starting at 13.22% on January 31, 2022, the ROA peaked at 14.38% on July 31, 2022, indicating efficient utilization of assets to generate profit. However, the ROA gradually declined to 8.54% by January 31, 2025. This downward trend suggests a potential decrease in profitability relative to the total assets employed by the company. It is essential for stakeholders to monitor the ROA closely to assess the company's effectiveness in generating profits from its assets and to identify areas for improvement in asset utilization efficiency.
Peer comparison
Jan 31, 2025