GameStop Corp (GME)
Return on assets (ROA)
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 131,200 | 63,000 | 108,700 | 90,800 | 120,000 | 54,100 | -11,800 | -59,200 | -106,600 | -55,600 | -4,600 | -48,800 | -93,000 | -249,900 | -406,800 | -470,000 | -522,800 | -561,600 | -558,300 | -505,800 |
| Total assets | US$ in thousands | 5,875,400 | 6,240,200 | 5,536,300 | 2,587,100 | 2,709,000 | 2,837,400 | 3,146,900 | 3,146,900 | 2,803,700 | 2,803,700 | 3,070,200 | 3,070,200 | 3,113,400 | 3,113,400 | 3,322,500 | 3,322,500 | 2,799,500 | 2,799,500 | 3,125,500 | 3,499,300 |
| ROA | 2.23% | 1.01% | 1.96% | 3.51% | 4.43% | 1.91% | -0.37% | -1.88% | -3.80% | -1.98% | -0.15% | -1.59% | -2.99% | -8.03% | -12.24% | -14.15% | -18.67% | -20.06% | -17.86% | -14.45% |
January 31, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $131,200K ÷ $5,875,400K
= 2.23%
GameStop Corp's return on assets (ROA) has experienced a significant improvement over the past year, as indicated by the data provided. The ROA was in negative territory in the earlier periods, ranging from -14.45% to -20.06% from January 2022 to July 2022. However, there has been a gradual recovery in the ROA from July 2023 onwards, with the percentage improving to positive values in the more recent periods.
Specifically, GameStop Corp's ROA increased from -3.80% in July 2023 to 1.91% in January 2024, and further to 4.43% in February 2024. The trend continued with slight fluctuations, settling at 2.23% by January 2025. This positive trend indicates that the company has been able to generate more income relative to its total assets, reflecting better operational efficiency and financial performance.
Overall, the improving trend in GameStop Corp's ROA suggests that the company has been successful in utilizing its assets more effectively to generate profits, which is a positive sign for investors and stakeholders.