Nordstrom Inc (JWN)
Operating return on assets (Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 494,000 | 1,830,000 | 1,992,000 | 674,000 | 1,767,000 | -976,000 | 151,000 | 1,020,000 | -69,000 | 1,283,000 | 1,562,000 | 1,824,000 | 2,889,000 | 2,904,000 | 2,726,000 | 2,796,000 | 2,048,000 | 3,178,000 | 1,832,000 | 2,964,000 |
| Total assets | US$ in thousands | 8,966,000 | 9,320,000 | 8,643,000 | 8,476,000 | 8,444,000 | 8,444,000 | 9,013,000 | 9,013,000 | 8,801,000 | 8,801,000 | 8,828,000 | 8,828,000 | 8,745,000 | 8,745,000 | 9,395,000 | 9,395,000 | 9,162,000 | 9,162,000 | 9,174,000 | 8,869,000 |
| Operating ROA | 5.51% | 19.64% | 23.05% | 7.95% | 20.93% | -11.56% | 1.68% | 11.32% | -0.78% | 14.58% | 17.69% | 20.66% | 33.04% | 33.21% | 29.02% | 29.76% | 22.35% | 34.69% | 19.97% | 33.42% |
January 31, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $494,000K ÷ $8,966,000K
= 5.51%
Operating Return on Assets (Operating ROA) is a key financial metric that indicates how efficiently a company generates profits from its assets used in operations. Analyzing Nordstrom Inc's Operating ROA data reveals fluctuations in the company's ability to generate operating profits relative to its assets over time.
- The data shows a relatively high Operating ROA of 33.42% as of January 31, 2022, indicating that Nordstrom was effectively utilizing its assets to generate operating income.
- The metric decreased to 19.97% by April 30, 2022, but then surged to 34.69% by July 30, 2022, demonstrating a period of improved asset utilization and profitability.
- However, the Operating ROA dropped to 22.35% by July 31, 2022, and fluctuated around 29% in the subsequent periods until January 31, 2023.
- Nordstrom's Operating ROA began to decline notably from April 29, 2023, reaching negative values by July 31, 2023, suggesting potential inefficiencies in asset management and operational performance.
- The metric continued to deteriorate, hitting a low of -11.56% by January 31, 2024, highlighting significant challenges in generating profits from assets.
- Subsequently, there was a partial recovery, with Operating ROA improving to 23.05% by July 31, 2024, and then stabilizing around 19-20% in the subsequent periods.
- As of January 31, 2025, Nordstrom's Operating ROA stood at 5.51%, indicating a moderate level of asset profitability compared to the earlier periods.
Overall, the analysis of Nordstrom Inc's Operating ROA data reflects fluctuations in the company's operational efficiency and ability to generate profits from its assets over the reviewed periods. The varying trends suggest changes in the company's asset management practices and operational performance impacting its overall profitability.
Peer comparison
Jan 31, 2025