Academy Sports Outdoors Inc (ASO)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 2,004,040 | 1,961,530 | 1,952,390 | 1,905,520 | 1,954,650 | 1,954,650 | 1,793,090 | 1,793,090 | 1,738,040 | 1,738,040 | 1,680,960 | 1,680,960 | 1,628,310 | 1,628,310 | 1,558,920 | 1,558,920 | 1,521,270 | 1,521,270 | 1,528,510 | 1,466,950 |
| ROE | 20.88% | 23.09% | 28.45% | 26.91% | 27.44% | 26.87% | 28.67% | 28.34% | 28.89% | 28.92% | 29.94% | 32.19% | 35.55% | 37.46% | 41.12% | 42.28% | 43.99% | 40.90% | 38.90% | 41.32% |
January 31, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $418,447K ÷ $2,004,040K
= 20.88%
Academy Sports Outdoors Inc has shown a fluctuating trend in its return on equity (ROE) over the past few years, based on the provided data. The ROE figures ranged from a high of 43.99% on July 31, 2022, to a low of 20.88% on January 31, 2025.
The ROE peaked in the mid-40% range in mid-2022, indicating that the company was generating substantial returns for its shareholders during that period. However, the ROE has gradually declined since then, dropping to around 20% by early 2025.
The downward trend in ROE could be a cause for concern as it suggests that the company's profitability relative to its equity has been decreasing over time. Investors and stakeholders may want to further investigate the factors contributing to this decline in ROE to assess the company's financial health and performance.
Peer comparison
Jan 31, 2025