Dick’s Sporting Goods Inc (DKS)
Return on assets (ROA)
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,046,519 | 985,707 | 1,013,057 | 1,087,228 | 1,043,138 | 1,153,610 | 1,241,667 | 1,418,674 | 1,519,871 | 1,393,392 | 1,254,095 | 1,035,429 | 530,251 | 380,456 | 248,865 | 127,025 | 346,520 | 418,710 | 425,951 | 433,475 |
| Total assets | US$ in thousands | 9,311,750 | 9,282,330 | 9,357,360 | 9,107,810 | 8,992,200 | 8,956,600 | 9,065,280 | 9,219,800 | 9,041,680 | 7,999,280 | 8,386,160 | 8,066,580 | 7,752,860 | 7,565,490 | 7,152,570 | 7,952,550 | 6,628,560 | 7,207,000 | 6,915,220 | 6,911,990 |
| ROA | 11.24% | 10.62% | 10.83% | 11.94% | 11.60% | 12.88% | 13.70% | 15.39% | 16.81% | 17.42% | 14.95% | 12.84% | 6.84% | 5.03% | 3.48% | 1.60% | 5.23% | 5.81% | 6.16% | 6.27% |
February 3, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $1,046,519K ÷ $9,311,750K
= 11.24%
The return on assets (ROA) for Dick’s Sporting Goods Inc has shown fluctuating trends over the past few years. The ROA was in an upward trajectory from August 2019 to January 2022, reaching a peak of 17.42% in January 2022. However, there was a sudden decline in ROA to 6.84% in April 2022, followed by a further decrease to 3.48% in July 2022.
Subsequently, there was a significant improvement in ROA from July 2022 to February 2024, with the ROA ranging between 10.62% and 11.94%. The latest reported ROA for February 2024 stands at 11.24%.
Overall, the trend in ROA indicates that Dick’s Sporting Goods Inc has generally been able to generate favorable returns on its assets, with some periods of fluctuation that may signify varying levels of efficiency in asset utilization and profitability. It is important for investors and stakeholders to monitor these fluctuations to assess the company's performance and financial health.
Peer comparison
Feb 3, 2024