Oxford Industries Inc (OXM)

Return on assets (ROA)

		Feb 3, 2024	Jan 28, 2023	Jan 29, 2022	Jan 30, 2021	Feb 1, 2020
Net income	US$ in thousands	60,703	165,735	131,321	-95,692	68,493
Total assets	US$ in thousands	1,097,840	1,188,660	957,642	865,634	1,033,370
ROA		5.53%	13.94%	13.71%	-11.05%	6.63%

February 3, 2024 calculation

ROA = Net income ÷ Total assets
= $60,703K ÷ $1,097,840K
= 5.53%

Based on the data provided, Oxford Industries Inc's return on assets (ROA) has shown fluctuations over the past five years. The ROA was -11.05% as of January 30, 2021, reflecting a negative return on assets, which indicates that the company's assets were not effectively utilized to generate profits during that period.

However, there was a substantial improvement in ROA in the subsequent years, with the ROA increasing to 6.63% as of February 1, 2020, and further improving to 13.71% and 13.94% as of January 29, 2022, and January 28, 2023, respectively.

The latest data as of February 3, 2024, shows that Oxford Industries Inc's ROA has decreased to 5.53%, indicating a lower return on assets compared to the previous year.

Overall, the company's ROA trend demonstrates variability in its efficiency in utilizing assets to generate profits, with notable improvements in recent years but a decline in the most recent period. Further analysis is needed to assess the factors contributing to these fluctuations and evaluate the company's asset management strategies.