Academy Sports Outdoors Inc (ASO)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 2,004,040 | 1,954,650 | 1,954,650 | 1,628,310 | 1,628,310 |
| ROE | 20.88% | 26.56% | 26.56% | 38.57% | 38.57% |
January 31, 2025 calculation
ROE = Net income ÷ Total stockholders’ equity
= $418,447K ÷ $2,004,040K
= 20.88%
Academy Sports Outdoors Inc's return on equity (ROE) has shown a decreasing trend over the years. As of January 28, 2023, and January 31, 2023, the ROE stood at a healthy 38.57%. However, there was a notable decline in ROE to 26.56% as of January 31, 2024, and February 3, 2024. The most recent data point, as of January 31, 2025, shows a further decrease in ROE to 20.88%.
This downward trend in ROE could indicate that the company's profitability in relation to shareholders' equity has been deteriorating. It is essential for stakeholders to closely monitor this metric to understand the factors driving this decline and to assess the company's operational and financial performance in generating returns for its equity holders. Further analysis and investigation are recommended to identify potential causes and implement strategies to improve ROE in the future.
Peer comparison
Jan 31, 2025