Dick’s Sporting Goods Inc (DKS)
Operating return on assets (Operating ROA)
Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 1,473,930 | 1,282,360 | 1,282,360 | 1,463,020 | 1,463,020 |
Total assets | US$ in thousands | 10,458,700 | 9,311,750 | 9,311,750 | 8,992,200 | 8,992,200 |
Operating ROA | 14.09% | 13.77% | 13.77% | 16.27% | 16.27% |
January 31, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $1,473,930K ÷ $10,458,700K
= 14.09%
Based on the data provided, Dick’s Sporting Goods Inc's operating return on assets (Operating ROA) has shown some fluctuations over the years. It was consistent at 16.27% as of January 28, 2023 and January 31, 2023. However, there was a slight decrease to 13.77% as of January 31, 2024 and February 3, 2024, which then increased to 14.09% by January 31, 2025.
A high operating ROA indicates that the company is efficient in generating profits from its assets. The slight decrease in 2024 may suggest a decrease in operating efficiency, but the subsequent increase in 2025 shows a potential improvement.
It is important for Dick’s Sporting Goods Inc to monitor and analyze the factors influencing these fluctuations in operating ROA to ensure sustainable profitability and efficient asset utilization. Overall, the company's operating ROA performance seems relatively stable with room for improvement based on the fluctuations observed.
Peer comparison
Jan 31, 2025