PVH Corp (PVH)

Operating return on assets (Operating ROA)

		Feb 4, 2024	Oct 29, 2023	Jul 30, 2023	Apr 30, 2023	Jan 29, 2023	Oct 30, 2022	Jul 31, 2022	May 1, 2022	Jan 30, 2022	Oct 31, 2021	Aug 1, 2021	May 2, 2021	Jan 31, 2021	Nov 1, 2020	Aug 2, 2020	May 3, 2020	Feb 2, 2020	Nov 3, 2019	Aug 4, 2019	May 5, 2019
Operating income (ttm)	US$ in thousands	928,800	869,300	425,500	459,200	470,700	396,600	987,800	1,089,800	1,076,900	879,900	624,800	344,100	-1,071,700	-1,193,700	-1,046,300	-794,800	558,700	788,100	800,900	782,500
Total assets	US$ in thousands	11,172,900	11,167,100	11,542,400	11,491,200	11,768,300	11,405,900	11,922,300	11,889,300	12,396,800	12,816,000	12,797,300	12,701,600	13,293,500	13,257,200	13,252,500	12,294,200	13,631,000	14,019,200	13,820,900	13,355,000
Operating ROA		8.31%	7.78%	3.69%	4.00%	4.00%	3.48%	8.29%	9.17%	8.69%	6.87%	4.88%	2.71%	-8.06%	-9.00%	-7.90%	-6.46%	4.10%	5.62%	5.79%	5.86%

February 4, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $928,800K ÷ $11,172,900K
= 8.31%

The operating return on assets (Operating ROA) for PVH Corp has varied over the past several quarters. The figures ranged from as low as -9.00% to as high as 9.17%.

In the latest reported quarter (Feb 4, 2024), PVH Corp had an Operating ROA of 8.31%, indicating that the company generated $0.0831 in operating income for every dollar of assets it has. This represents a positive trend compared to the previous quarter (Oct 29, 2023) where the Operating ROA was 7.78%.

It's worth noting that the Operating ROA experienced a significant decline in the quarter ending Jan 31, 2021, with a negative value of -8.06%. This suggests that during that period, the company's operating income was not sufficient to cover the assets employed in its operations.

Overall, PVH Corp's Operating ROA trend has shown fluctuations over the past few quarters, with some quarters exhibiting strong performance and others showing weaker results. It is essential for the company to focus on improving efficiency in asset utilization and profitability to maintain a healthy Operating ROA in the future.