Designer Brands Inc (DBI)
Operating return on assets (Operating ROA)
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 72,401 | 187,390 | 205,221 | -586,314 | 127,299 |
| Total assets | US$ in thousands | 2,076,230 | 2,009,620 | 2,014,630 | 1,976,600 | 2,465,070 |
| Operating ROA | 3.49% | 9.32% | 10.19% | -29.66% | 5.16% |
February 3, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $72,401K ÷ $2,076,230K
= 3.49%
The operating return on assets (operating ROA) for Designer Brands Inc has varied significantly over the past five years. In fiscal year 2024, the operating ROA was 3.49%, showing a decline from the previous year's 9.32%. This decrease suggests that the company's operating income generated from its assets decreased relative to the prior year.
In fiscal year 2023, the operating ROA was 9.32%, reflecting a positive performance compared to the year before (10.19%). This indicates an efficient use of assets to generate operating income during that period.
The operating ROA in fiscal year 2022 was 10.19%, demonstrating a strong performance in utilizing assets to generate operating income. However, in fiscal year 2021, the operating ROA was negative at -29.66%, indicating that the company experienced operating losses in relation to its assets.
Lastly, in fiscal year 2020, the operating ROA was 5.16%, showing a positive trend compared to the previous year. Overall, the fluctuation in Designer Brands Inc's operating ROA over the five-year period highlights the importance of continuously monitoring and analyzing the company's operational efficiency in generating income from its assets.
Peer comparison
Feb 3, 2024