Foot Locker Inc (FL)
Operating return on assets (Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 117,000 | 68,000 | 110,000 | 166,000 | 181,000 | 149,000 | 96,000 | 146,000 | 160,000 | 283,000 | 341,000 | 404,000 | 503,000 | 530,000 | 613,000 | 670,000 | 628,000 | 595,000 | 649,000 | 628,000 |
| Total assets | US$ in thousands | 6,748,000 | 6,862,000 | 6,953,000 | 6,947,000 | 6,868,000 | 6,868,000 | 7,420,000 | 7,420,000 | 7,536,000 | 7,536,000 | 7,701,000 | 7,643,000 | 7,907,000 | 7,907,000 | 7,762,000 | 7,762,000 | 7,868,000 | 7,868,000 | 7,878,000 | 8,136,000 |
| Operating ROA | 1.73% | 0.99% | 1.58% | 2.39% | 2.64% | 2.17% | 1.29% | 1.97% | 2.12% | 3.76% | 4.43% | 5.29% | 6.36% | 6.70% | 7.90% | 8.63% | 7.98% | 7.56% | 8.24% | 7.72% |
January 31, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $117,000K ÷ $6,748,000K
= 1.73%
Operating ROA is a key financial ratio that measures a company's ability to generate profit from its operating activities relative to the assets it uses to generate those profits. The trend analysis of Foot Locker Inc's operating ROA over the past few years shows fluctuations in the performance of the company.
From January 2022 to October 2022, Foot Locker's operating ROA improved steadily, peaking at 8.63% in October 2022. However, starting from January 2023, the operating ROA began to decline, indicating a decrease in the company's operating efficiency and profitability. The ratio dropped to 1.29% in October 2023, marking a significant decrease within a year.
While there was a slight improvement in the operating ROA in early 2024, it remained relatively low, with the ratio fluctuating around 2-3%. The last reported operating ROA for Foot Locker Inc as of January 31, 2025, stood at 1.73%, suggesting ongoing challenges in optimizing the company's asset utilization to generate profits from its operations.
Overall, the declining trend in Foot Locker Inc's operating ROA from 2022 to 2025 indicates potential inefficiencies in the company's operational performance and asset management, which may require strategic actions to improve profitability and enhance overall financial health.
Peer comparison
Jan 31, 2025