BJs Wholesale Club Holdings Inc (BJ)

Return on assets (ROA)

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 534,417 557,627 547,751 533,230 552,678 538,131 523,584 509,194 494,804 493,260 491,716 505,581 519,446 530,672 541,898 524,406 502,032 468,593 454,103 468,170
Total assets US$ in thousands 7,065,300 7,216,220 6,929,900 6,824,730 6,677,620 6,677,620 6,837,240 6,837,240 6,603,900 6,603,900 6,494,500 6,494,500 6,349,960 6,349,960 6,478,900 6,478,900 6,387,240 6,387,240 6,010,000 5,696,480
ROA 7.56% 7.73% 7.90% 7.81% 8.28% 8.06% 7.66% 7.45% 7.49% 7.47% 7.57% 7.78% 8.18% 8.36% 8.36% 8.09% 7.86% 7.34% 7.56% 8.22%

January 31, 2025 calculation

ROA = Net income (ttm) ÷ Total assets
= $534,417K ÷ $7,065,300K
= 7.56%

The return on assets (ROA) for BJs Wholesale Club Holdings Inc has shown some fluctuations over the past few years, ranging from a low of 7.34% in July 30, 2022, to a high of 8.36% in both October 31, 2022, and January 28, 2023. The average ROA during this period seems to be around 7.80%, with a recent decline to 7.56% as of January 31, 2025.

Overall, the ROA indicates how effectively the company is generating profits from its assets. A higher ROA suggests that the company is using its assets efficiently to generate earnings, while a lower ROA may signal inefficiencies in asset utilization. It is important for investors and analysts to monitor the trends in ROA to assess the company's performance and profitability over time.