G-III Apparel Group Ltd (GIII)
Operating return on assets (Operating ROA)
Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 293,075 | 283,343 | 268,118 | 311,093 | 82,842 |
Total assets | US$ in thousands | 2,483,230 | 2,681,160 | 2,712,400 | 2,742,530 | 3,763,600 |
Operating ROA | 11.80% | 10.57% | 9.88% | 11.34% | 2.20% |
January 31, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $293,075K ÷ $2,483,230K
= 11.80%
The operating return on assets (operating ROA) for G-III Apparel Group Ltd has shown a positive trend over the past five years, increasing from 2.20% as of January 31, 2021, to 11.80% as of January 31, 2025. This indicates that the company has been able to generate more operating income relative to its total assets, reflecting effective management of its assets to generate profits. The steady improvement in operating ROA suggests improved operational efficiency and profitability in utilizing its assets to generate earnings. However, it is important to monitor this ratio in the future to ensure sustained performance and effective utilization of assets for continued profitability.
Peer comparison
Jan 31, 2025