Buckle Inc (BKE)
Operating return on assets (Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 241,364 | 241,642 | 283,662 | 299,467 | 321,136 | 281,394 | 241,652 | 231,317 | 220,982 | 274,158 | 327,334 | 353,027 | 378,720 | 334,496 | 290,272 | 283,908 | 314,085 | 357,972 | 374,474 | 383,630 |
| Total assets | US$ in thousands | 913,173 | 976,270 | 940,271 | 906,070 | 889,810 | 889,810 | 921,207 | 921,207 | 861,547 | 861,547 | 848,860 | 848,860 | 837,579 | 837,579 | 884,147 | 884,147 | 809,064 | 809,064 | 789,034 | 780,884 |
| Operating ROA | 26.43% | 24.75% | 30.17% | 33.05% | 36.09% | 31.62% | 26.23% | 25.11% | 25.65% | 31.82% | 38.56% | 41.59% | 45.22% | 39.94% | 32.83% | 32.11% | 38.82% | 44.25% | 47.46% | 49.13% |
January 31, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $241,364K ÷ $913,173K
= 26.43%
Based on the provided data, Buckle Inc's operating return on assets (operating ROA) has fluctuated over the specified periods.
The operating ROA started strong at 49.13% on January 31, 2022, indicating that the company was generating a high level of operating income relative to its assets. This percentage decreased slightly to 47.46% on April 30, 2022, and continued to decline over subsequent periods.
By October 31, 2023, the operating ROA had fallen to 26.23%, marking a significant decrease from the initial figure. The trend continued with a slight recovery to 36.09% on February 3, 2024, before dropping to 24.75% by October 31, 2024, and further decreasing to 26.43% by January 31, 2025.
Overall, the declining trend in operating ROA suggests that Buckle Inc may be experiencing challenges in generating operating income in relation to its assets. It is important for the company to investigate the reasons behind this trend and consider strategies to improve its operational efficiency and profitability in order to enhance its operating ROA in the future.
Peer comparison
Jan 31, 2025