RH (RH)
Operating return on assets (Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 366,071 | 414,021 | 533,035 | 616,109 | 722,157 | 827,718 | 930,007 | 944,581 | 927,181 | 893,031 | 731,713 | 619,293 | 466,858 | 384,222 | 362,238 | 329,651 | 362,831 | 351,389 | 304,380 | 282,222 |
| Total assets | US$ in thousands | 4,143,900 | 4,240,620 | 4,212,830 | 5,319,830 | 5,309,290 | 5,883,720 | 5,831,450 | 5,887,940 | 5,540,470 | 5,420,020 | 3,467,150 | 3,237,320 | 2,898,310 | 2,679,250 | 2,506,410 | 2,429,890 | 2,445,690 | 2,362,010 | 2,387,810 | 2,545,830 |
| Operating ROA | 8.83% | 9.76% | 12.65% | 11.58% | 13.60% | 14.07% | 15.95% | 16.04% | 16.73% | 16.48% | 21.10% | 19.13% | 16.11% | 14.34% | 14.45% | 13.57% | 14.84% | 14.88% | 12.75% | 11.09% |
February 3, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $366,071K ÷ $4,143,900K
= 8.83%
To analyze RH's operating return on assets (operating ROA) over the referenced periods, we observe fluctuations in the ratio:
- The operating ROA ranged from 8.83% to 21.10% during the periods provided.
- The ratio generally exhibited an upward trend from May 2019 to July 2021, reaching a peak of 21.10% in July 2021.
- Subsequently, there was a slight decline in operating ROA from the peak in July 2021 to October 2022, followed by a fluctuating but relatively stable trend around 15% to 17% from October 2022 to February 2024.
Overall, RH's operating ROA indicates the efficiency of generating operating profits relative to its total assets, with higher ratios suggesting better asset utilization and operational performance. The fluctuations in the ratio may reflect changes in operational efficiency, profitability, or asset management strategies during the respective periods.
Peer comparison
Feb 3, 2024