Carter’s Inc (CRI)
Return on assets (ROA)
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 185,509 | 230,502 | 238,309 | 234,537 | 232,500 | 206,169 | 204,999 | 218,102 | 250,039 | 266,833 | 286,852 | 321,485 | 339,748 | 341,789 | 338,054 | 274,607 | 109,717 | 135,850 | 114,861 | 150,642 |
Total assets | US$ in thousands | 2,433,170 | 2,378,380 | 2,355,520 | 2,285,520 | 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 |
ROA | 7.62% | 9.69% | 10.12% | 10.26% | 9.77% | 8.89% | 8.96% | 9.55% | 10.25% | 10.27% | 11.20% | 10.90% | 10.66% | 10.38% | 10.19% | 8.30% | 3.23% | 4.14% | 3.37% | 4.78% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $185,509K ÷ $2,433,170K
= 7.62%
Carter’s Inc's Return on Assets (ROA) has shown fluctuations over the past few years, ranging from a low of 3.23% in December 2020 to a high of 11.20% in June 2022. The ROA experienced an overall increasing trend from 2020 to mid-2022, indicating improved efficiency in generating profits from its assets. However, from June 2022 to December 2024, the ROA exhibited some variability and ended at 7.62%, which was lower than the peak observed in mid-2022.
Overall, Carter’s Inc's ROA performance indicates that the company has been effectively utilizing its assets to generate profits, with some periods of higher efficiency than others. It would be essential for stakeholders to monitor this ratio closely to ensure sustained profitability and asset utilization efficiency in the future.
Peer comparison
Dec 31, 2024