Nordstrom Inc (JWN)
Operating return on assets (Operating ROA)
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 4,005,000 | 4,078,000 | 4,054,000 | 4,155,000 | 5,391,000 | 5,072,000 | 5,229,000 | 5,065,000 | 4,705,000 | 4,518,000 | 4,474,000 | 3,335,000 | 1,941,000 | 2,587,000 | 1,513,000 | 1,465,000 | 1,983,000 | 424,000 | 342,000 | 379,000 |
| Total assets | US$ in thousands | 8,444,000 | 9,013,000 | 8,801,000 | 8,828,000 | 8,745,000 | 9,395,000 | 9,162,000 | 9,174,000 | 8,869,000 | 9,534,000 | 9,230,000 | 9,333,000 | 9,538,000 | 9,811,000 | 9,535,000 | 9,969,000 | 9,737,000 | 10,075,000 | 9,935,000 | 9,338,000 |
| Operating ROA | 47.43% | 45.25% | 46.06% | 47.07% | 61.65% | 53.99% | 57.07% | 55.21% | 53.05% | 47.39% | 48.47% | 35.73% | 20.35% | 26.37% | 15.87% | 14.70% | 20.37% | 4.21% | 3.44% | 4.06% |
February 3, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $4,005,000K ÷ $8,444,000K
= 47.43%
Operating return on assets (ROA) is a key financial ratio that measures a company's ability to generate profits from its assets used in its core operations. Nordstrom Inc's operating ROA has shown some fluctuation over the past few quarters, ranging from a high of 61.65% to a low of 3.44%.
The trend in Nordstrom's operating ROA indicates that the company has been able to effectively generate profit from its operational assets, with consistently strong performance in recent quarters. However, there have been periods of decline, such as the significant drop from 61.65% to 35.73% in the Jan 30, 2021, report. This could be attributed to various factors affecting the company's operations and profitability during those periods.
It is important for investors and stakeholders to closely monitor Nordstrom's operating ROA to assess the company's efficiency in utilizing its assets to generate profits. Fluctuations in this ratio can provide insights into the company's operational performance and financial health over time.
Peer comparison
Feb 3, 2024