Buckle Inc (BKE)
Return on assets (ROA)
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 195,468 | 219,919 | 219,919 | 254,626 | 254,626 |
| Total assets | US$ in thousands | 913,173 | 889,810 | 889,810 | 837,579 | 837,579 |
| ROA | 21.41% | 24.72% | 24.72% | 30.40% | 30.40% |
January 31, 2025 calculation
ROA = Net income ÷ Total assets
= $195,468K ÷ $913,173K
= 21.41%
Based on the provided data, Buckle Inc's return on assets (ROA) has shown a declining trend over the years. In January 2023 and February 2024, the ROA stood at a consistent 30.40%, reflecting solid asset utilization efficiency. However, by January 2025, the ROA decreased to 21.41%, indicating a decline in the company's ability to generate profits relative to its total assets. This declining trend in ROA may raise concerns about Buckle Inc's efficiency in generating earnings from its asset base and may require further analysis to identify the underlying reasons for this decrease.
Peer comparison
Jan 31, 2025