Caleres Inc (CAL)
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 | 194,455 | 214,327 | 205,807 | -485,658 | 103,813 |
| Total assets | US$ in thousands | 1,804,750 | 1,836,470 | 1,843,930 | 1,867,050 | 2,431,710 |
| Operating ROA | 10.77% | 11.67% | 11.16% | -26.01% | 4.27% |
February 3, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $194,455K ÷ $1,804,750K
= 10.77%
Based on the operating return on assets (operating ROA) data for Caleres Inc over the past five years, there has been some variability in the company's performance. The operating ROA increased from 4.27% in 2020 to 11.16% in 2022, indicating an improvement in the company's ability to generate operating profits from its assets. However, there was a slight decrease to 11.67% in 2023 before dropping significantly to -26.01% in 2021, suggesting a major decline in operating profitability and efficiency during that period.
The latest data for 2024 shows a recovery with an operating ROA of 10.77%, although it remains below the levels seen in 2022. It is important for investors and stakeholders to monitor this metric closely to assess the company's operational performance and efficiency in utilizing its assets to generate profits. Overall, the trend in Caleres Inc's operating ROA indicates fluctuations in profitability and efficiency over the years, highlighting the company's need to focus on optimizing its asset utilization to enhance financial performance.
Peer comparison
Feb 3, 2024