BJs Wholesale Club Holdings Inc (BJ)
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 | 800,419 | 737,986 | 617,323 | 642,392 | 352,199 |
| Total assets | US$ in thousands | 6,677,620 | 6,349,960 | 5,668,890 | 5,411,530 | 5,269,780 |
| Operating ROA | 11.99% | 11.62% | 10.89% | 11.87% | 6.68% |
February 3, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $800,419K ÷ $6,677,620K
= 11.99%
Based on the data provided, BJs Wholesale Club Holdings Inc has shown a consistent trend of improvement in its operating return on assets (operating ROA) over the past five years. The operating ROA increased from 6.68% in February 1, 2020, to 11.99% in February 3, 2024, indicating a significant improvement in the company's operational efficiency and profitability.
The rising trend in operating ROA suggests that BJs Wholesale Club Holdings Inc has been able to generate more operating income relative to its total assets over time. This improvement may be attributed to effective cost management, revenue growth, or operational efficiencies implemented by the company.
Additionally, the consistent increase in operating ROA demonstrates the company's ability to utilize its assets more efficiently to generate profits, which is a positive indicator for stakeholders, including investors and creditors. Overall, the improving trend in operating ROA reflects positively on the financial performance and management efficiency of BJs Wholesale Club Holdings Inc.
Peer comparison
Feb 3, 2024