Carter’s Inc (CRI)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 185,509 | 232,500 | 250,038 | 339,748 | 109,717 |
| Total assets | US$ in thousands | 2,433,170 | 2,378,610 | 2,439,720 | 3,188,000 | 3,392,580 |
| ROA | 7.62% | 9.77% | 10.25% | 10.66% | 3.23% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $185,509K ÷ $2,433,170K
= 7.62%
Carter’s Inc's return on assets (ROA) has shown a significant improvement over the years. The ROA increased from 3.23% in December 2020 to 10.66% in December 2021, demonstrating a strong performance in utilizing its assets to generate profits. Subsequently, although there was a slight decrease to 10.25% in December 2022 and further decline to 9.77% in December 2023, the ROA remained relatively high, indicating efficient asset management. However, there was a notable drop to 7.62% in December 2024, suggesting a potential decrease in profitability relative to the level of assets deployed. Overall, Carter’s Inc's ROA trend reflects a mixed performance, highlighting the need for further analysis to understand the factors affecting its asset utilization efficiency.
Peer comparison
Dec 31, 2024