Burlington Stores Inc (BURL)
Return on assets (ROA)
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 339,649 | 297,391 | 265,623 | 246,697 | 230,123 | 166,559 | 163,395 | 253,983 | 408,839 | 443,197 | 437,594 | 288,259 | -216,499 | -166,168 | -77,725 | 53,623 | 465,116 | 443,142 | 423,532 | 409,922 |
| Total assets | US$ in thousands | 7,706,840 | 7,493,700 | 6,915,540 | 7,003,880 | 7,269,600 | 7,101,510 | 6,733,360 | 6,933,480 | 7,089,510 | 7,277,830 | 6,992,500 | 7,051,040 | 6,781,090 | 6,908,800 | 6,369,930 | 6,640,680 | 5,593,860 | 5,507,590 | 5,046,440 | 5,065,240 |
| ROA | 4.41% | 3.97% | 3.84% | 3.52% | 3.17% | 2.35% | 2.43% | 3.66% | 5.77% | 6.09% | 6.26% | 4.09% | -3.19% | -2.41% | -1.22% | 0.81% | 8.31% | 8.05% | 8.39% | 8.09% |
February 3, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $339,649K ÷ $7,706,840K
= 4.41%
The Return on Assets (ROA) ratio of Burlington Stores Inc has fluctuated over the past few quarters. The most recent ROA for Feb 3, 2024, is 4.41%, showing an improvement compared to the previous quarter. This indicates that the company is generating $0.0441 in profit for every dollar of assets it owns.
Looking at the trend over the last few quarters, there was a significant decline in ROA in the Jul 31, 2021, quarter, where it dropped to -3.19%, indicating that the company's assets were not efficiently utilized to generate profits during that period. This was presumably followed by a recovery, as evident from the subsequent positive ROA figures.
Overall, the ROA trend has been somewhat volatile, with peaks around 8% in some quarters and occasional dips into negative territory. This suggests that Burlington Stores Inc has experienced periods of strong profitability relative to its assets, but also faced challenges in effectively utilizing its assets to generate returns. Further analysis would be needed to understand the factors driving these fluctuations in ROA.
Peer comparison
Feb 3, 2024