Nordstrom Inc (JWN)
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 | 383,000 | 352,000 | 351,000 | 296,000 | 402,000 | 405,000 | 408,000 | 136,000 | -136,000 | -154,000 | -172,000 | 13,000 | 198,000 | 205,000 | 212,000 | 252,000 | 472,000 | 546,000 | 484,000 | 528,000 |
| 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 |
| ROA | 4.27% | 3.78% | 4.06% | 3.49% | 4.76% | 4.80% | 4.53% | 1.51% | -1.55% | -1.75% | -1.95% | 0.15% | 2.26% | 2.34% | 2.26% | 2.68% | 5.15% | 5.96% | 5.28% | 5.95% |
January 31, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $383,000K ÷ $8,966,000K
= 4.27%
The return on assets (ROA) for Nordstrom Inc has shown some fluctuation over the periods analyzed. Starting at 5.95% on January 31, 2022, the ROA decreased to 2.68% by October 29, 2022, reflecting a decline in the company's ability to generate profit from its assets. Subsequently, the ROA improved to 4.53% by October 31, 2023, indicating a partial recovery in asset utilization efficiency.
However, the ROA turned negative in the subsequent periods, with values of -1.95% on April 30, 2023, and -1.55% on July 31, 2023, suggesting potential inefficiencies or loss-generation from the company's asset base. The ROA then rebounded to 4.27% on January 31, 2025, signaling a resurgence in the company's ability to generate profit relative to its assets.
Overall, the analysis of Nordstrom Inc's ROA indicates varying levels of asset efficiency and profitability over the periods examined, with the company experiencing fluctuations and periods of both decline and improvement in its asset utilization performance.
Peer comparison
Jan 31, 2025