Carter’s Inc (CRI)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 254,728 | 323,405 | 379,171 | 497,079 | 189,869 |
| Total assets | US$ in thousands | 2,433,170 | 2,378,610 | 2,439,720 | 3,188,000 | 3,392,580 |
| Operating ROA | 10.47% | 13.60% | 15.54% | 15.59% | 5.60% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $254,728K ÷ $2,433,170K
= 10.47%
The operating return on assets (operating ROA) for Carter's Inc has shown a positive trend from December 31, 2020, where it stood at 5.60%, to December 31, 2021, with a significant increase to 15.59%. This upward trajectory was maintained in December 31, 2022, at 15.54%. However, by December 31, 2023, there was a slight decrease to 13.60%, followed by a further decline to 10.47% by December 31, 2024.
Overall, the operating ROA indicates the efficiency of Carter's Inc in generating operating profits relative to its total assets over the years. The fluctuation in the operating ROA figures could be attributed to various factors such as changes in operating income, asset base, or operational efficiency. Further analysis of the company's financial performance and operational activities would be necessary to understand the drivers behind these fluctuations and to assess the company's overall profitability and asset utilization efficiency.
Peer comparison
Dec 31, 2024