National Vision Holdings Inc (EYE)
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 | -27,945 | -15,341 | -80,671 | -71,932 | -68,198 | -61,472 | 23,828 | 27,948 | 42,122 | 57,602 | 87,092 | 114,959 | 128,244 | 157,103 | 151,400 | 69,966 | 36,276 | 5,118 | -28,979 | 25,111 |
| Total assets | US$ in thousands | 2,007,770 | 2,020,130 | 2,146,300 | 2,155,370 | 2,320,600 | 2,266,430 | 2,333,930 | 2,312,370 | 2,291,250 | 2,291,740 | 2,278,340 | 2,325,490 | 2,293,090 | 2,405,470 | 2,369,220 | 2,419,840 | 2,333,500 | 2,307,510 | 2,219,040 | 2,218,750 |
| ROA | -1.39% | -0.76% | -3.76% | -3.34% | -2.94% | -2.71% | 1.02% | 1.21% | 1.84% | 2.51% | 3.82% | 4.94% | 5.59% | 6.53% | 6.39% | 2.89% | 1.55% | 0.22% | -1.31% | 1.13% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $-27,945K ÷ $2,007,770K
= -1.39%
National Vision Holdings Inc's return on assets (ROA) has exhibited fluctuations over the period under review. The ROA ranged from negative values to positive values, suggesting varying levels of efficiency in utilizing assets to generate profits.
The ROA showed a positive trend from March 2021 to September 2021, reaching a peak of 6.53% in September 2021. This indicates that the company was effectively generating profits relative to its assets during this period.
However, from December 2021 onwards, the ROA began to decline, indicating a decrease in the company's ability to generate profits from its assets. The ROA dropped to -2.94% by December 2023, reflecting a period of inefficiency in asset utilization.
By the end of December 2024, the ROA improved slightly to -1.39%, but still remained in negative territory, suggesting the company may need to focus on improving its asset efficiency to enhance profitability in the future.
Overall, National Vision Holdings Inc's ROA performance demonstrates a mix of positive and negative trends, highlighting the need for continued monitoring and strategic management of asset utilization to drive profitability.
Peer comparison
Dec 31, 2024