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.