Five Below Inc (FIVE)
Return on assets (ROA)
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 301,106 | 261,528 | 278,810 | 123,361 | 175,056 |
| Total assets | US$ in thousands | 3,872,040 | 3,324,910 | 2,880,460 | 2,314,770 | 1,958,660 |
| ROA | 7.78% | 7.87% | 9.68% | 5.33% | 8.94% |
February 3, 2024 calculation
ROA = Net income ÷ Total assets
= $301,106K ÷ $3,872,040K
= 7.78%
The Return on Assets (ROA) for Five Below Inc over the past five years has fluctuated, ranging from 5.33% to 9.68%. The ROA measures the company's ability to generate profits relative to its total assets. A higher ROA indicates more efficient asset utilization, reflecting enhanced profitability. In this case, the ROA peaked at 9.68% in January 2022, suggesting a strong performance in asset management and profitability. However, it slightly decreased to 7.78% in February 2024. Overall, despite some fluctuations, Five Below Inc has demonstrated consistent effectiveness in generating profits from its assets over the analyzed period.
Peer comparison
Feb 3, 2024