Guess? Inc. (GES)

Return on assets (ROA) is a key profitability ratio that measures a company's ability to generate earnings from its assets. Looking at the trend in Guess? Inc.'s ROA over the past five years, we observe fluctuations in performance.

In the most recent fiscal year (2024), Guess? Inc. achieved an ROA of 7.65%, showing an improvement from the previous year. This indicates that the company generated approximately $0.0765 in profit for every dollar of assets it holds.

In fiscal year 2023, Guess? Inc.'s ROA was 6.17%, slightly lower than the current year but still reflective of the company's ability to generate returns on its assets.

Moving further back, fiscal year 2022 saw a ROA of 6.71%, indicating a relatively stable performance in utilizing its assets to generate profits.

In fiscal year 2021, Guess? Inc. experienced a negative ROA of -3.29%, which suggests that the company did not effectively generate profits from its assets during that period. It is important to investigate the factors contributing to this negative performance.

Lastly, in fiscal year 2020, Guess? Inc. recorded a ROA of 3.95%, reflecting an improvement from the previous negative performance but still below the levels observed in more recent years.

Overall, while Guess? Inc. has shown variability in its ROA over the past five years, the recent positive trend in this ratio indicates an improvement in the company's ability to generate profits from its assets. Further analysis and comparison with industry benchmarks may provide additional insights into the efficiency of Guess? Inc.'s asset utilization.