Bath & Body Works Inc. (BBWI)
Return on assets (ROA)
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 878,000 | 800,000 | 1,333,000 | 844,000 | -366,000 |
| Total assets | US$ in thousands | 5,463,000 | 5,494,000 | 6,026,000 | 11,571,000 | 10,125,000 |
| ROA | 16.07% | 14.56% | 22.12% | 7.29% | -3.61% |
February 3, 2024 calculation
ROA = Net income ÷ Total assets
= $878,000K ÷ $5,463,000K
= 16.07%
Bath & Body Works Inc.'s return on assets (ROA) has shown a positive trend over the past five years, increasing from -3.61% in 2020 to 16.07% in 2024. This indicates that the company has been able to generate more earnings relative to its assets in recent years. The significant improvement in ROA from 2020 to 2024 suggests that management may have implemented strategies to enhance operational efficiency and profitability. However, the ROA fluctuated over the years, with a notable peak in 2022 at 22.12% followed by a slight decrease in subsequent years. It would be essential to further investigate the factors contributing to these fluctuations to assess the sustainability of Bath & Body Works Inc.'s return on assets performance.
Peer comparison
Feb 3, 2024