Foot Locker Inc (FL)
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 | 12,000 | -426,000 | -782,000 | -742,000 | -722,000 | -338,000 | 46,000 | 54,000 | 62,000 | 86,000 | 110,000 | 170,000 | 230,000 | 305,000 | 380,000 | 417,000 | 424,000 | 433,000 | 497,000 | 522,000 |
| 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 |
| ROA | 0.18% | -6.21% | -11.25% | -10.68% | -10.51% | -4.92% | 0.62% | 0.73% | 0.82% | 1.14% | 1.43% | 2.22% | 2.91% | 3.86% | 4.90% | 5.37% | 5.39% | 5.50% | 6.31% | 6.42% |
January 31, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $12,000K ÷ $6,748,000K
= 0.18%
The return on assets (ROA) for Foot Locker Inc has shown a declining trend over the reported periods, starting at 6.42% as of January 31, 2022, and decreasing to 0.18% by January 31, 2025. This indicates that the company's ability to generate earnings from its assets has been diminishing over time. The drop in ROA could be attributed to various factors such as decreasing profitability, inefficient asset utilization, or increasing asset base without a proportional increase in earnings. The negative ROA values in some periods suggest that the company may have incurred losses relative to its asset base during those times. Foot Locker Inc may need to evaluate its operational efficiency and asset management strategies to improve its ROA and overall profitability in the future.
Peer comparison
Jan 31, 2025