Nordstrom Inc (JWN)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 133,000 | 118,000 | 31,000 | 20,000 | 245,000 | 326,000 | 410,000 | 364,000 | 178,000 | 11,000 | 0 | -335,000 | -690,000 | -530,000 | -457,000 | -61,000 | 497,000 | 552,000 | 493,000 | 514,000 |
| 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 |
| ROA | 1.58% | 1.31% | 0.35% | 0.23% | 2.80% | 3.47% | 4.48% | 3.97% | 2.01% | 0.12% | 0.00% | -3.59% | -7.23% | -5.40% | -4.79% | -0.61% | 5.10% | 5.48% | 4.96% | 5.50% |
February 3, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $133,000K ÷ $8,444,000K
= 1.58%
Nordstrom Inc's return on assets (ROA) has shown fluctuations over the past few quarters. The company's ROA ranged from -7.23% to 5.50% during this period.
The ROA was negative in some quarters, indicating that Nordstrom Inc experienced challenges in generating profits relative to its total assets during those periods. However, the company managed to improve its ROA over time, with positive ROA figures observed in recent quarters.
The highest ROA of 5.50% was recorded in May 2019, followed closely by 5.48% in November 2019 and 5.10% in February 2020. These periods suggest that the company effectively utilized its assets to generate profits.
Conversely, Nordstrom Inc experienced the lowest ROA of -7.23% in July 2021, followed by -5.40% in January 2021 and -4.79% in October 2020. These negative ROA figures highlight challenges faced by the company in generating profits relative to its asset base.
Overall, Nordstrom Inc's ROA performance reflects fluctuations in its profitability efficiency and asset management over the analyzed period. Further analysis of the company's financial and operational strategies may help determine the factors influencing these ROA variations.
Peer comparison
Feb 3, 2024