Burlington Stores Inc (BURL)
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 | -2,452,970 | -2,269,050 | -1,872,560 | -2,462,340 | -1,399,180 |
| Total assets | US$ in thousands | 7,706,840 | 7,269,600 | 7,089,510 | 6,781,090 | 5,593,860 |
| Operating ROA | -31.83% | -31.21% | -26.41% | -36.31% | -25.01% |
February 3, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $-2,452,970K ÷ $7,706,840K
= -31.83%
The operating return on assets (ROA) for Burlington Stores Inc has shown a declining trend over the past five years. The operating ROA was at its lowest in the most recent fiscal year ending February 3, 2024, at -31.83%, compared to -31.21% in the previous fiscal year. This indicates that the company's operating income generated from its assets has decreased further.
Comparing the current operating ROA with the figures from previous years, it is evident that the company has been facing challenges in efficiently utilizing its assets to generate operating income. The negative percentages suggest that the company is experiencing operating losses in relation to its asset base.
Overall, the decreasing trend in operating ROA signals potential inefficiencies in the company's operational performance and asset management, which may require further analysis and strategic actions to improve profitability and operational efficiency in the coming years.
Peer comparison
Feb 3, 2024