G-III Apparel Group Ltd (GIII)

Return on assets (ROA)

		Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Net income	US$ in thousands	193,566	176,168	-134,382	200,593	23,545
Total assets	US$ in thousands	2,483,230	2,681,160	2,712,400	2,742,530	3,763,600
ROA		7.79%	6.57%	-4.95%	7.31%	0.63%

January 31, 2025 calculation

ROA = Net income ÷ Total assets
= $193,566K ÷ $2,483,230K
= 7.79%

The return on assets (ROA) for G-III Apparel Group Ltd has exhibited significant fluctuations over the past five years. In January 2021, the ROA stood at a relatively low 0.63%, indicating that the company was generating less profit relative to its total assets at the time. However, by January 2022, there was a substantial improvement as the ROA surged to 7.31%, suggesting that the company was utilizing its assets more efficiently to generate profits.

A notable downturn occurred in January 2023, with the ROA plummeting to -4.95%. This negative ROA indicates that the company incurred a loss relative to its assets during this period, signaling potential operational or financial challenges. Nevertheless, there was a significant recovery in January 2024, with the ROA rebounding to 6.57%, reflecting improved profitability in relation to its asset base.

The most recent data point in January 2025 shows a further increase in ROA to 7.79%, indicating that the company continued to enhance its efficiency in generating returns from its assets. Overall, the fluctuating trend in G-III Apparel Group Ltd's ROA over the past five years highlights the importance of closely monitoring asset utilization and profitability to assess the company's operational performance and financial health.