Burlington Stores Inc (BURL)
Return on assets (ROA)
Feb 1, 2025 | Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 503,639 | 339,649 | 230,123 | 408,839 | -216,499 |
Total assets | US$ in thousands | 8,770,410 | 7,706,840 | 7,269,600 | 7,089,510 | 6,781,090 |
ROA | 5.74% | 4.41% | 3.17% | 5.77% | -3.19% |
February 1, 2025 calculation
ROA = Net income ÷ Total assets
= $503,639K ÷ $8,770,410K
= 5.74%
Based on the data provided for Burlington Stores Inc, the return on assets (ROA) has shown fluctuations over the past five years. As of January 30, 2021, the ROA was at -3.19%, indicating that the company's assets were not generating positive returns during that period. However, there was a significant improvement in the ROA by January 29, 2022, reaching 5.77%, suggesting that the company's asset efficiency had improved significantly.
Subsequently, the ROA decreased to 3.17% by January 28, 2023, before recovering to 4.41% by February 3, 2024. This indicates some variability in the company's asset utilization efficiency during these periods. The most recent data point, February 1, 2025, shows a further improvement in ROA to 5.74%, indicating that Burlington Stores Inc has been able to better generate returns from its assets.
Overall, the trend in ROA for Burlington Stores Inc has shown improvement over the analyzed period, demonstrating the company's efforts to enhance its asset management and efficiency in generating returns. However, it is important to continue monitoring this ratio to ensure sustainable and consistent performance in utilizing the company's assets effectively.
Peer comparison
Feb 1, 2025