Oxford Industries Inc (OXM)
Return on assets (ROA)
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 60,703 | 152,822 | 161,706 | 166,865 | 165,735 | 159,094 | 165,413 | 160,261 | 131,321 | 93,696 | 57,107 | -440 | -95,692 | -68,143 | -55,871 | -19,948 | 68,493 | 69,840 | 70,033 | 67,381 |
| Total assets | US$ in thousands | 1,097,840 | 1,162,160 | 1,149,860 | 1,194,230 | 1,188,660 | 1,140,320 | 957,202 | 947,017 | 957,642 | 932,803 | 931,749 | 900,982 | 865,634 | 902,017 | 952,549 | 1,097,470 | 1,033,370 | 1,013,080 | 1,010,190 | 1,024,420 |
| ROA | 5.53% | 13.15% | 14.06% | 13.97% | 13.94% | 13.95% | 17.28% | 16.92% | 13.71% | 10.04% | 6.13% | -0.05% | -11.05% | -7.55% | -5.87% | -1.82% | 6.63% | 6.89% | 6.93% | 6.58% |
February 3, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $60,703K ÷ $1,097,840K
= 5.53%
ROA is a key financial ratio that measures a company's efficiency in generating profits from its assets. Looking at the ROA trend for Oxford Industries Inc over the given time period, we can see fluctuations in the company's ability to utilize its assets effectively to generate profits.
The ROA for Oxford Industries Inc has shown some volatility, fluctuating between negative figures to double-digit positive percentages. The company saw a significant decline in ROA in the early part of the analyzed period, with negative ROAs in January 2021 and October 2020. This suggests possible inefficiencies or challenges in asset management and profitability during that period.
From May 2021 to February 2023, the ROA improved consistently, reaching its peak at 17.28% in July 2022. This indicates that the company became more efficient in generating profits from its assets during this period. However, there was a slight decline in ROA in the following quarters.
Overall, Oxford Industries Inc's ROA performance indicates a mixed picture of asset utilization and profitability. Investors and stakeholders may want to further investigate the factors contributing to the fluctuations in ROA to gain a deeper understanding of the company's financial health and operational efficiency.
Peer comparison
Feb 3, 2024