The Gap, Inc. (GAP)
Operating return on assets (Operating ROA)
| Aug 3, 2024 | May 4, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 962,000 | 775,000 | 560,000 | 316,000 | 252,000 | 118,000 | -69,000 | -31,000 | -64,000 | 373,000 | 810,000 | 936,000 | 958,000 | 622,000 | -862,000 | -1,241,000 | -1,195,000 | -986,000 | 574,000 | 1,191,000 |
| Total assets | US$ in thousands | 11,509,000 | 10,908,000 | 11,044,000 | 11,052,000 | 10,850,000 | 10,932,000 | 11,386,000 | 12,000,000 | 12,171,000 | 12,257,000 | 12,761,000 | 12,780,000 | 13,759,000 | 13,604,000 | 13,769,000 | 14,373,000 | 13,716,000 | 12,710,000 | 13,679,000 | 14,118,000 |
| Operating ROA | 8.36% | 7.10% | 5.07% | 2.86% | 2.32% | 1.08% | -0.61% | -0.26% | -0.53% | 3.04% | 6.35% | 7.32% | 6.96% | 4.57% | -6.26% | -8.63% | -8.71% | -7.76% | 4.20% | 8.44% |
August 3, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $962,000K ÷ $11,509,000K
= 8.36%
The operating return on assets (operating ROA) for The Gap, Inc. has varied over the past several quarters. The trend shows fluctuations in performance, with some periods exhibiting positive operating ROA and others showing negative figures.
The latest operating ROA of 8.36% for Aug 3, 2024, indicates an improvement compared to the preceding quarters. This growth suggests that the company is generating more operating income relative to its assets.
In contrast, the negative operating ROA figures recorded in prior periods, such as Jan 30, 2021, and Oct 31, 2020, reflect challenges in efficiently utilizing assets to generate operating profits.
It is important for The Gap, Inc. to consistently monitor and enhance its operating ROA to ensure effective asset management and sustainable profitability in the long term.
Peer comparison
Aug 3, 2024