Buckle Inc (BKE)

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	195,468	197,851	233,260	245,767	262,686	228,745	194,804	185,978	177,152	219,354	261,556	280,006	298,456	260,758	223,060	216,928	239,457	273,228	285,301	292,264
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
ROA		21.41%	20.27%	24.81%	27.12%	29.52%	25.71%	21.15%	20.19%	20.56%	25.46%	30.81%	32.99%	35.63%	31.13%	25.23%	24.54%	29.60%	33.77%	36.16%	37.43%

January 31, 2025 calculation

ROA = Net income (ttm) ÷ Total assets
= $195,468K ÷ $913,173K
= 21.41%

Buckle Inc's return on assets (ROA) has shown fluctuations over the period under consideration. The ROA ranged from a high of 37.43% as of January 31, 2022, to a low of 20.19% as of October 28, 2023. Initially, the company's ROA declined gradually, reaching 20.56% by July 31, 2023, before showing a slight improvement in the subsequent period. However, the ROA decreased again to 20.19% by October 28, 2023.

Following this low point, there was a slight recovery in ROA figures, with a peak of 31.13% as of January 28, 2023. This positive trend continued as ROA increased to 35.63% by January 31, 2023. Despite the fluctuations, the company saw a declining trend in ROA in the latter half of the period. As of January 31, 2025, Buckle Inc's ROA stood at 21.41%.

Overall, Buckle Inc's ROA experienced variability, showing peaks and troughs over the period, suggesting changes in the company's profitability in relation to its assets. Further analysis would be needed to understand the factors driving these fluctuations in ROA.