PVH Corp (PVH)

Return on assets (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
Net income (ttm)	US$ in thousands	663,600	530,500	182,200	203,300	200,400	452,500	918,900	985,500	952,300	503,800	293,900	60,600	-1,136,100	-1,145,800	-1,006,400	-761,500	417,300	643,400	677,300	649,000
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
ROA		5.94%	4.75%	1.58%	1.77%	1.70%	3.97%	7.71%	8.29%	7.68%	3.93%	2.30%	0.48%	-8.55%	-8.64%	-7.59%	-6.19%	3.06%	4.59%	4.90%	4.86%

February 4, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $663,600K ÷ $11,172,900K
= 5.94%

The return on assets (ROA) of PVH Corp has fluctuated over the last several quarters, indicating varying levels of efficiency in generating profits from its assets. The ROA ranged from -8.64% to 8.29% during the period under review.

In the most recent quarter, the ROA stood at 5.94%, reflecting an improvement compared to the previous quarter's 4.75%. This suggests that PVH Corp was more effective in utilizing its assets to generate earnings.

The highest ROA in the dataset was observed in the quarter ending Jul 31, 2022, at 8.29%, indicating a period of strong profitability relative to the assets employed. Conversely, the lowest ROA of -8.64% was recorded in the quarter ending Nov 1, 2020, reflecting a period of operational inefficiency or potential asset impairment.

Overall, PVH Corp's ROA trend highlights the importance of monitoring the company's performance in effectively managing its assets to drive profitability.