Caleres Inc (CAL)

Operating return on assets (Operating 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
Operating income (ttm) US$ in thousands 194,455 189,573 179,002 197,719 214,327 232,290 259,761 254,133 205,808 106,601 45,354 -41,578 -485,659 -424,611 -401,211 -339,267 103,813 3,707 -16 -5,677
Total assets US$ in thousands 1,804,750 1,826,890 1,903,960 1,818,080 1,836,470 1,948,310 2,025,210 1,928,300 1,843,930 1,874,560 1,832,900 1,802,820 1,867,050 2,027,060 2,112,390 2,223,680 2,431,710 2,471,210 2,644,390 2,493,070
Operating ROA 10.77% 10.38% 9.40% 10.88% 11.67% 11.92% 12.83% 13.18% 11.16% 5.69% 2.47% -2.31% -26.01% -20.95% -18.99% -15.26% 4.27% 0.15% -0.00% -0.23%

February 3, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $194,455K ÷ $1,804,750K
= 10.77%

Caleres Inc's operating return on assets (operating ROA) has shown fluctuating trends over the specified periods. The operating ROA ranged from a high of 13.18% in April 2022 to a low of -26.01% in January 2021.
In recent periods, the operating ROA has generally been positive, indicating that the company is generating operating profits relative to its assets. Notably, the operating ROA improved from 5.69% in October 2021 to 10.77% in February 2024, suggesting enhanced operational efficiency and profitability.
However, the company experienced challenges in prior periods, as seen by negative operating ROA figures in 2021. Specifically, the operating ROA dropped significantly to -26.01% in January 2021 and remained negative through May 2021, indicating operational inefficiencies or losses during that time.
Overall, the recent positive trend in operating ROA reflects a positive turnaround for Caleres Inc, indicating improved asset utilization and operational performance. The company should continue to monitor and enhance its operating ROA to sustain long-term profitability and efficiency.


Peer comparison

Feb 3, 2024