Macy’s Inc (M)
Operating return on assets (Operating ROA)
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 909,000 | 382,000 | 382,000 | 1,730,000 | 1,730,000 |
| Total assets | US$ in thousands | 16,402,000 | 16,246,000 | 16,246,000 | 16,866,000 | 16,866,000 |
| Operating ROA | 5.54% | 2.35% | 2.35% | 10.26% | 10.26% |
January 31, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $909,000K ÷ $16,402,000K
= 5.54%
Operating Return on Assets (Operating ROA) measures a company's operational efficiency in generating profits from its assets. Looking at the data provided for Macy's Inc, we observe the following trend:
- As of January 28, 2023, and January 31, 2023, Macy's Operating ROA was 10.26%. This indicates that for every dollar of assets Macy's owns, the company generated a return of 10.26% through its operations.
- The Operating ROA remained stable at 10.26% in the two subsequent periods ending on January 31, 2024, and February 3, 2024.
- A significant drop is noted in the Operating ROA for the period ending on January 31, 2024, and February 3, 2024, where it decreased to 2.35%. This suggests that Macy's operational efficiency in utilizing its assets to generate profits declined during this period.
- However, there seems to be a slight improvement in Macy's Operating ROA as of January 31, 2025, where it increased to 5.54%. This may indicate that Macy's is working on improving its operational efficiency and profitability from its asset base.
Overall, Macy's Operating ROA has shown fluctuations over the periods analyzed, highlighting the importance of closely monitoring and managing operational efficiency and asset utilization to drive profitability. Further analysis of the factors impacting these fluctuations would provide deeper insights into Macy's operational performance.
Peer comparison
Jan 31, 2025