Caleres Inc (CAL)
Return on assets (ROA)
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 107,255 | 171,391 | 163,874 | 181,742 | 181,742 |
| Total assets | US$ in thousands | 1,894,750 | 1,804,750 | 1,804,750 | 1,836,470 | 1,836,470 |
| ROA | 5.66% | 9.50% | 9.08% | 9.90% | 9.90% |
January 31, 2025 calculation
ROA = Net income ÷ Total assets
= $107,255K ÷ $1,894,750K
= 5.66%
Caleres Inc's return on assets (ROA) has shown some fluctuations over the past few years. As of January 28, 2023, and January 31, 2023, the ROA stood at 9.90%, indicating that the company was effectively generating profit from its assets. However, by January 31, 2024, the ROA decreased to 9.08%, suggesting a slight decline in the company's efficiency in utilizing its assets to generate returns.
There was a slight improvement in the ROA by February 3, 2024, reaching 9.50%. This uptick may indicate that Caleres Inc took measures to enhance its asset utilization during that period. However, by January 31, 2025, the ROA dropped significantly to 5.66%, marking a notable decrease in the company's ability to generate profits relative to its asset base.
Overall, Caleres Inc's ROA has shown variability, with periods of both improvement and decline. It would be important for the company to analyze the factors influencing these fluctuations in order to enhance its asset efficiency and profitability in the future.
Peer comparison
Jan 31, 2025