Oxford Industries Inc (OXM)

Operating return on assets (Operating ROA)

		Feb 3, 2024	Jan 28, 2023	Jan 29, 2022	Jan 30, 2021	Feb 1, 2020
Operating income	US$ in thousands	80,982	218,774	165,503	-123,849	93,675
Total assets	US$ in thousands	1,097,840	1,188,660	957,642	865,634	1,033,370
Operating ROA		7.38%	18.41%	17.28%	-14.31%	9.07%

February 3, 2024 calculation

Operating ROA = Operating income ÷ Total assets
= $80,982K ÷ $1,097,840K
= 7.38%

Operating ROA is a key efficiency metric that measures a company's ability to generate operating profits from its total assets. In the case of Oxford Industries Inc, the operating ROA has fluctuated significantly over the past five years.

In the most recent fiscal year, ending on Feb 3, 2024, Oxford Industries Inc reported an operating ROA of 7.38%, indicating that the company generated 7.38 cents of operating profit for every dollar of assets it holds. This represents a decrease from the previous year's operating ROA of 18.41%.

Looking back over the five-year period, Oxford Industries Inc has shown varying levels of efficiency in utilizing its assets to generate operating income. The highest operating ROA was recorded on Jan 28, 2023, at 18.41%, demonstrating strong operational performance.

On the other hand, the lowest operating ROA of -14.31% was noted on Jan 30, 2021, indicating that in that particular year, Oxford Industries Inc experienced a loss in operating profit relative to its total assets.

Overall, Oxford Industries Inc's operating ROA has experienced fluctuations, suggesting changes in the company's efficiency and profitability in utilizing its assets to generate operating income. Further analysis of the company's operational performance and asset management practices would be necessary to understand the drivers behind these fluctuations.