Foot Locker Inc (FL)
Return on assets (ROA)
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 12,000 | -330,000 | -330,000 | 342,000 | 342,000 |
| Total assets | US$ in thousands | 6,748,000 | 6,868,000 | 6,868,000 | 7,907,000 | 7,907,000 |
| ROA | 0.18% | -4.80% | -4.80% | 4.33% | 4.33% |
January 31, 2025 calculation
ROA = Net income ÷ Total assets
= $12,000K ÷ $6,748,000K
= 0.18%
The return on assets (ROA) of Foot Locker Inc has shown fluctuations over the past few years. As of January 31, 2025, the ROA stands at 0.18%. This indicates that for each dollar of assets the company holds, it generates a return of 0.18 cents in profit.
Looking further back, the ROA was 4.33% as of January 28, 2023 and maintained this level through January 31, 2023. However, there was a significant decline to -4.80% as of both January 31, 2024 and February 3, 2024, suggesting that the company experienced a period where its assets were not efficiently utilized to generate profits.
Overall, the downward trend in ROA from a positive level to a negative one in 2024 raises concerns about the company's asset management and profitability. The recent increase to 0.18% in 2025 is a positive sign, but Foot Locker Inc may need to focus on improving asset efficiency to enhance its financial performance in the future.
Peer comparison
Jan 31, 2025