Five Below Inc (FIVE)

Return on assets (ROA)

Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Feb 3, 2024 Jan 31, 2024 Oct 31, 2023 Oct 28, 2023 Jul 31, 2023 Jul 29, 2023 Apr 30, 2023 Apr 29, 2023 Jan 31, 2023 Jan 28, 2023 Oct 31, 2022 Oct 29, 2022 Jul 31, 2022 Jul 30, 2022 Apr 30, 2022 Jan 31, 2022
Net income (ttm) US$ in thousands 253,611 268,353 468,865 450,459 433,586 278,222 122,858 145,742 168,626 293,111 417,596 396,264 374,932 244,956 114,980 131,552 255,602 354,454 337,287 328,746
Total assets US$ in thousands 4,339,570 4,185,320 4,013,140 3,947,300 3,872,040 3,872,040 3,657,440 3,657,440 3,549,410 3,549,410 3,380,510 3,380,510 3,324,910 3,324,910 3,163,720 3,163,720 3,086,230 3,086,230 2,960,780 2,880,460
ROA 5.84% 6.41% 11.68% 11.41% 11.20% 7.19% 3.36% 3.98% 4.75% 8.26% 12.35% 11.72% 11.28% 7.37% 3.63% 4.16% 8.28% 11.49% 11.39% 11.41%

January 31, 2025 calculation

ROA = Net income (ttm) ÷ Total assets
= $253,611K ÷ $4,339,570K
= 5.84%

Based on the provided data, the return on assets (ROA) for Five Below Inc has shown fluctuations over the given periods. The ROA was relatively stable around the 11% range during the periods from January 31, 2022, to April 30, 2023. However, there was a noticeable decline in ROA to 8.26% on July 29, 2023, and further decreased to 3.36% by October 31, 2023.

Following this decline, there was a slight recovery in ROA to 11.20% on February 3, 2024, but the trend was not sustained as the ROA dropped to 6.41% by October 31, 2024, and further decreased to 5.84% by January 31, 2025.

Overall, the ROA of Five Below Inc indicates some volatility and fluctuation in the company's ability to generate profits relative to its total assets over the analyzed periods. This variation could be attributed to various factors such as changes in the company's revenue, expenses, asset management efficiency, or economic conditions impacting the retail industry in which Five Below operates. Further analysis and comparison with industry benchmarks may provide additional insights into the company's performance.