GameStop Corp (GME)
Return on assets (ROA)
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 131,300 | 6,700 | 6,700 | -313,100 | -313,100 |
| Total assets | US$ in thousands | 5,875,400 | 2,709,000 | 2,709,000 | 3,113,400 | 3,113,400 |
| ROA | 2.23% | 0.25% | 0.25% | -10.06% | -10.06% |
January 31, 2025 calculation
ROA = Net income ÷ Total assets
= $131,300K ÷ $5,875,400K
= 2.23%
The return on assets (ROA) for GameStop Corp has shown a fluctuating trend over the past few years. As of January 28, 2023, and January 31, 2023, the ROA stood at -10.06%, indicating that the company generated a negative return on its assets during that period. This suggests inefficiency in utilizing its assets to generate profits.
However, there was a slight improvement in the ROA as of January 31, 2024, and February 3, 2024, where the ratio increased to 0.25%. This indicates that GameStop Corp was able to generate a modest return on its assets, signaling some level of effectiveness in asset utilization.
The most recent data point as of January 31, 2025, shows a notable improvement in the ROA, reaching 2.23%. This suggests that the company has significantly enhanced its ability to generate profits from its assets, reflecting a more efficient asset management strategy.
Overall, GameStop Corp's ROA has shown fluctuations over the years, with periods of negative returns followed by improvements. The recent positive trend in ROA indicates a potential turnaround in the company's asset utilization efficiency, which could bode well for its financial performance in the future.