Kohls Corp (KSS)
Return on assets (ROA)
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 317,000 | -19,000 | 938,000 | -163,000 | 691,000 |
| Total assets | US$ in thousands | 14,009,000 | 14,345,000 | 15,054,000 | 15,337,000 | 14,555,000 |
| ROA | 2.26% | -0.13% | 6.23% | -1.06% | 4.75% |
February 3, 2024 calculation
ROA = Net income ÷ Total assets
= $317,000K ÷ $14,009,000K
= 2.26%
Kohls Corp's return on assets (ROA) has varied significantly over the past five years. In the most recent fiscal year ending on February 3, 2024, the company's ROA was 2.26%, indicating that for every dollar of assets, Kohls generated a return of 2.26 cents. This represents a positive performance compared to the previous year, where the ROA was -0.13%, implying a loss on assets.
Looking back further, the ROA for January 29, 2022, was notably higher at 6.23%, suggesting a strong ability to generate profit from its assets. However, the ROA for January 30, 2021, was negative at -1.06%, indicating that the company experienced challenges in generating profits relative to its asset base during that period.
In the fiscal year ending on February 1, 2020, Kohls improved its ROA to 4.75%, signifying its ability to effectively utilize its assets to generate returns for shareholders. Overall, Kohls Corp's ROA has been volatile in recent years, with fluctuations in profitability and asset efficiency impacting its financial performance.
Peer comparison
Feb 3, 2024