RH (RH)
Return on assets (ROA)
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 127,561 | 528,642 | 688,546 | 271,815 | 220,375 |
| Total assets | US$ in thousands | 4,143,900 | 5,309,290 | 5,540,470 | 2,898,310 | 2,445,690 |
| ROA | 3.08% | 9.96% | 12.43% | 9.38% | 9.01% |
February 3, 2024 calculation
ROA = Net income ÷ Total assets
= $127,561K ÷ $4,143,900K
= 3.08%
The return on assets (ROA) for RH has shown a decreasing trend over the past five years, starting at 9.01% on February 1, 2020, and declining to 3.08% on February 3, 2024. This indicates that the company's ability to generate profit relative to its total assets has weakened over time. The ROA peaked at 12.43% on January 29, 2022, suggesting a period of strong performance in utilizing its assets efficiently. However, the subsequent decline in the ROA may signify challenges in maintaining profitability levels or effectively utilizing assets. Further investigation into the company's operational efficiency and asset management strategies may be warranted to address the declining trend in ROA.
Peer comparison
Feb 3, 2024