Ollie's Bargain Outlet Hldg (OLLI)

Return on assets (ROA)

		Jan 31, 2025	Feb 3, 2024	Jan 31, 2024	Jan 31, 2023	Jan 28, 2023
Net income	US$ in thousands	199,762	181,439	181,439	102,790	102,790
Total assets	US$ in thousands	2,561,140	2,294,590	2,294,590	2,044,100	2,044,100
ROA		7.80%	7.91%	7.91%	5.03%	5.03%

January 31, 2025 calculation

ROA = Net income ÷ Total assets
= $199,762K ÷ $2,561,140K
= 7.80%

The return on assets (ROA) for Ollie's Bargain Outlet Holding has shown a positive trend over the past few years.

As of January 28, 2023, and January 31, 2023, the ROA was recorded at 5.03%, indicating that the company generated 5.03 cents of profit for every dollar of assets it holds.

By January 31, 2024, and February 3, 2024, Ollie's Bargain Outlet Holding's ROA increased to 7.91%, reflecting improved efficiency in utilizing its assets to generate profits.

Although by January 31, 2025, the ROA slightly decreased to 7.80%, the company still maintained a relatively strong position in generating profits from its assets.

Overall, the gradual increase in ROA signifies that Ollie's Bargain Outlet Holding has been successful in efficiently managing its assets to drive profitability over the years.