Bath & Body Works Inc. (BBWI)
Operating return on assets (Operating ROA)
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,285,000 | 1,376,000 | 2,009,000 | 1,604,000 | 1,040,000 |
| Total assets | US$ in thousands | 5,463,000 | 5,494,000 | 6,026,000 | 11,571,000 | 10,125,000 |
| Operating ROA | 23.52% | 25.05% | 33.34% | 13.86% | 10.27% |
February 3, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $1,285,000K ÷ $5,463,000K
= 23.52%
The operating return on assets (operating ROA) for Bath & Body Works Inc. has shown variations over the past five years. In the most recent fiscal year ending on February 3, 2024, the operating ROA was 23.52%, representing a slight decrease from the previous year's 25.05%. Despite this slight decline, the operating ROA for 2024 remains relatively strong compared to historical performance.
Looking back at the trend over the past five years, the operating ROA has exhibited fluctuations. In fiscal year 2022, the operating ROA reached its peak at 33.34%, indicating efficient utilization of assets to generate operating income. The performance in 2021 shows a lower operating ROA of 13.86%, followed by an improvement to 10.27% in 2020.
Overall, the operating ROA of Bath & Body Works Inc. demonstrates varying levels of effectiveness in generating operating income from its assets over the years. Investors and analysts may want to delve deeper into the company's operational efficiency and asset management strategies to better understand these fluctuations and assess the company's financial health and performance.
Peer comparison
Feb 3, 2024