Chewy Inc (CHWY)
Return on assets (ROA)
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 39,580 | 49,232 | -73,817 | -92,486 | -252,370 |
| Total assets | US$ in thousands | 3,186,850 | 2,519,820 | 2,086,280 | 1,740,910 | 932,321 |
| ROA | 1.24% | 1.95% | -3.54% | -5.31% | -27.07% |
January 28, 2024 calculation
ROA = Net income ÷ Total assets
= $39,580K ÷ $3,186,850K
= 1.24%
Chewy Inc's return on assets (ROA) has shown varying trends over the past five years. In the most recent fiscal year, as of January 28, 2024, the ROA stood at 1.24%, indicating that the company generated 1.24 cents of profit for every dollar of assets it owns. This represents a decrease from the previous year's ROA of 1.95%.
Looking back, the company experienced negative ROA figures in the fiscal years ending January 30, 2022, and January 31, 2021, with values of -3.54% and -5.31%, respectively. These negative ROA figures suggest that Chewy Inc struggled to generate profits relative to its asset base during those periods.
The most significant decline in ROA occurred in the fiscal year ending February 2, 2020, where the ROA plummeted to -27.07%. This sharp decrease indicates a substantial deterioration in the company's ability to generate profits from its assets.
Overall, Chewy Inc's ROA has fluctuated widely over the past five years, with both positive and negative trends observed. It is essential for investors and stakeholders to closely monitor the company's management of its assets to ensure sustained profitability and operational efficiency.
Peer comparison
Jan 28, 2024