Macy’s Inc (M)
Return on assets (ROA)
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 582,000 | 105,000 | 105,000 | 1,177,000 | 1,177,000 |
| Total assets | US$ in thousands | 16,402,000 | 16,246,000 | 16,246,000 | 16,866,000 | 16,866,000 |
| ROA | 3.55% | 0.65% | 0.65% | 6.98% | 6.98% |
January 31, 2025 calculation
ROA = Net income ÷ Total assets
= $582,000K ÷ $16,402,000K
= 3.55%
Based on the data provided, Macy's Inc has shown fluctuations in its Return on Assets (ROA) over the past few years. In January 2023, the ROA was consistent at 6.98%, indicating that the company was effectively generating profits from its assets. However, there was a significant drop in ROA to 0.65% in January and February 2024, suggesting a decline in the company's ability to generate earnings relative to its asset base.
Subsequently, there was a slight improvement in ROA to 3.55% in January 2025, indicating that Macy's Inc was able to enhance its profitability compared to the previous year. It is essential for the company to monitor and analyze the factors influencing these fluctuations in ROA to make informed decisions about optimizing asset utilization and maximizing returns for its stakeholders.
Peer comparison
Jan 31, 2025