Carter’s Inc (CRI)

Operating return on assets (Operating ROA)

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Operating income (ttm)	US$ in thousands	323,405	296,891	295,044	332,901	379,170	407,594	440,042	472,206	497,079	492,975	482,471	395,843	189,869	218,770	189,113	232,635	371,872	379,702	399,389	391,883
Total assets	US$ in thousands	2,378,610	2,319,810	2,288,470	2,283,330	2,439,720	2,597,950	2,560,650	2,948,080	3,188,000	3,294,260	3,315,930	3,310,470	3,392,580	3,281,620	3,412,630	3,153,500	2,753,120	2,899,580	2,747,160	2,679,940
Operating ROA		13.60%	12.80%	12.89%	14.58%	15.54%	15.69%	17.18%	16.02%	15.59%	14.96%	14.55%	11.96%	5.60%	6.67%	5.54%	7.38%	13.51%	13.10%	14.54%	14.62%

December 31, 2023 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $323,405K ÷ $2,378,610K
= 13.60%

Carter’s Inc has demonstrated fluctuations in its operating return on assets (operating ROA) over the past few quarters. The operating ROA has ranged from a low of 5.54% in June 2020 to a high of 17.18% in June 2022. In the most recent quarter, the operating ROA was 13.60% in December 2023, showing a slight decrease from the previous quarter’s 12.80%.

Overall, the company's operating ROA has generally been above 10% in recent years, indicating a strong ability to generate earnings from its assets. The fluctuation in the operating ROA may be attributed to various factors, such as changes in revenue, expenses, asset efficiency, or overall business performance.

Investors and stakeholders should continue to monitor Carter’s Inc operating ROA over time to assess the company's operational efficiency and profitability. A consistently high operating ROA indicates effective management of assets to generate profits, while a declining trend may raise concerns about the company's operational performance and efficiency.