Ollie's Bargain Outlet Hldg (OLLI)

Return on assets (ROA)

		Feb 3, 2024	Jan 28, 2023	Jan 29, 2022	Jan 30, 2021	Feb 1, 2020
Net income	US$ in thousands	181,439	102,790	157,455	242,696	141,130
Total assets	US$ in thousands	2,294,590	2,044,100	1,972,170	2,005,860	1,596,250
ROA		7.91%	5.03%	7.98%	12.10%	8.84%

February 3, 2024 calculation

ROA = Net income ÷ Total assets
= $181,439K ÷ $2,294,590K
= 7.91%

Over the past five years, Ollie's Bargain Outlet Hldg has displayed varying levels of return on assets (ROA). In the most recent fiscal year ending on February 3, 2024, the company's ROA stood at 7.91%, representing a moderate level of profitability generated from its assets. This figure was a slight increase from the previous year when ROA was 5.03%, indicating that the company was able to generate more profit relative to its assets in the latest period.

Comparing these figures with the ROA values of the preceding years, Ollie's Bargain Outlet Hldg experienced a decline in ROA from 7.98% in January 2022 to 12.10% in January 2021, followed by a slight decrease to 8.84% in February 2020. The fluctuation in ROA over the years suggests that the company's efficiency in generating profits from its assets has been variable.

Overall, while Ollie's Bargain Outlet Hldg maintained a positive ROA throughout the years, investors and analysts may want to further investigate the factors contributing to the fluctuations in the company's profitability to assess its financial performance and efficiency in utilizing its assets effectively.