Foot Locker Inc (FL)
Operating return on assets (Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 142,000 | 168,000 | 281,000 | 422,000 | 581,000 | 640,000 | 676,000 | 798,000 | 860,000 | 903,000 | 885,000 | 690,000 | 303,000 | 318,000 | 304,000 | 316,000 | 649,000 | 692,000 | 672,000 | 703,000 |
| Total assets | US$ in thousands | 6,868,000 | 7,420,000 | 7,536,000 | 7,643,000 | 7,907,000 | 7,762,000 | 7,868,000 | 7,878,000 | 8,135,000 | 8,211,000 | 7,585,000 | 7,442,000 | 7,043,000 | 7,018,000 | 6,912,000 | 6,796,000 | 6,589,000 | 6,621,000 | 6,720,000 | 6,928,000 |
| Operating ROA | 2.07% | 2.26% | 3.73% | 5.52% | 7.35% | 8.25% | 8.59% | 10.13% | 10.57% | 11.00% | 11.67% | 9.27% | 4.30% | 4.53% | 4.40% | 4.65% | 9.85% | 10.45% | 10.00% | 10.15% |
February 3, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $142,000K ÷ $6,868,000K
= 2.07%
Operating return on assets (ROA) is a key financial ratio that measures a company's ability to generate profit from its assets used in operations. The trend analysis of Foot Locker Inc's operating ROA shows fluctuations over the past several quarters.
The company's operating ROA has generally shown a declining trend from a high of 11.67% in July 2021 to a low of 2.07% in February 2024. This indicates a decreasing ability to generate profit from its operating assets during this period. However, there are some periods where Foot Locker Inc's operating ROA has shown improvements, such as the increase from 4.30% in January 2021 to 8.59% in July 2022.
It is important for investors and stakeholders to closely monitor Foot Locker Inc's operating ROA to assess the company's operational efficiency and profitability. Further analysis and investigation into the underlying factors driving the fluctuations in operating ROA are necessary to understand the company's financial performance better.
Peer comparison
Feb 3, 2024