Chewy Inc (CHWY)
Return on assets (ROA)
| Oct 27, 2024 | Jul 28, 2024 | Apr 28, 2024 | Jan 28, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 404,209 | 364,905 | 85,995 | 41,957 | 13,798 | 51,481 | 53,619 | 49,232 | -20,481 | -55,033 | -94,064 | -73,817 | 10,840 | 10,234 | -5,897 | -92,486 | -174,474 | -220,627 | -270,686 | -252,370 |
| Total assets | US$ in thousands | 2,957,900 | 3,102,490 | 3,201,050 | 3,186,850 | 2,936,480 | 2,904,010 | 2,738,340 | 2,519,820 | 2,491,160 | 2,368,510 | 2,190,040 | 2,086,280 | 2,195,480 | 2,018,360 | 1,898,530 | 1,740,910 | 1,643,240 | 1,144,840 | 1,123,370 | 932,321 |
| ROA | 13.67% | 11.76% | 2.69% | 1.32% | 0.47% | 1.77% | 1.96% | 1.95% | -0.82% | -2.32% | -4.30% | -3.54% | 0.49% | 0.51% | -0.31% | -5.31% | -10.62% | -19.27% | -24.10% | -27.07% |
October 27, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $404,209K ÷ $2,957,900K
= 13.67%
The return on assets (ROA) for Chewy Inc has varied significantly over the past several quarters. In the most recent quarter, ending October 27, 2024, the ROA was 13.67%, showing a strong performance in generating profits relative to its total assets. This represents an improvement from the previous quarter's ROA of 11.76% as of July 28, 2024.
Looking back further, the ROA experienced a significant increase from the beginning of the year. In the quarter ending April 28, 2024, the ROA was 2.69%, demonstrating a notable improvement from the ROA of 1.32% as of January 28, 2024.
The trend continues with further quarterly data showing a consistent increase in ROA over the past year. However, it is important to note that the company previously faced challenges with negative ROA figures, particularly evident in the quarters ending October 30, 2022, and July 31, 2022, with ROA values of -0.82% and -2.32% respectively.
Overall, the recent positive trend in ROA indicates that Chewy Inc is efficiently utilizing its assets to generate profits, reflecting improved operational performance and potentially positive prospects for future financial results.
Peer comparison
Oct 27, 2024