Hanesbrands Inc (HBI)
Return on assets (ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -320,431 | -229,610 | -298,360 | -22,444 | -17,726 | -513,775 | -394,875 | -280,310 | -127,204 | 350,937 | 422,613 | 459,188 | 77,224 | -314,973 | -363,472 | -330,967 | -75,579 | 441,571 | 526,069 | 518,860 |
| Total assets | US$ in thousands | 3,840,940 | 5,461,600 | 5,379,840 | 5,589,680 | 5,640,310 | 5,913,290 | 6,279,030 | 6,432,680 | 6,503,880 | 7,099,280 | 7,089,310 | 6,859,710 | 7,071,440 | 7,462,800 | 7,277,990 | 6,989,250 | 7,698,870 | 8,159,680 | 8,112,960 | 7,943,260 |
| ROA | -8.34% | -4.20% | -5.55% | -0.40% | -0.31% | -8.69% | -6.29% | -4.36% | -1.96% | 4.94% | 5.96% | 6.69% | 1.09% | -4.22% | -4.99% | -4.74% | -0.98% | 5.41% | 6.48% | 6.53% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $-320,431K ÷ $3,840,940K
= -8.34%
The return on assets (ROA) of Hanesbrands Inc has shown fluctuations over the period analyzed.
- The ROA started positively at 6.53% in March 2020 and decreased slightly to 6.48% in June 2020.
- Subsequently, there was a notable decline to 5.41% in September 2020.
- The trend turned negative at the end of 2020 with -0.98% in December, which continued to decline in the following periods reaching a low of -8.69% by September 2023.
- However, by March 2024, there was a slight improvement to -0.40%, but this positive movement was short-lived as the ROA once again dropped to -8.34% by December 2024.
Overall, the ROA performance of Hanesbrands Inc indicates fluctuations and periods of negative returns, suggesting challenges in generating profits relative to its asset base during the timeframe covered by the data. Further analysis may be necessary to understand the factors contributing to these fluctuations and to assess the company's operational efficiency and profitability.