RH (RH)
Return on assets (ROA)
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | Jan 29, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 72,412 | 69,876 | 48,089 | 16,950 | 18,388 | 83,484 | 148,580 | 192,657 | 236,734 | 267,153 | 297,572 | 354,442 | 434,827 | 450,206 | 544,021 | 592,306 | 617,076 | 678,900 | 662,288 | 741,989 |
| Total assets | US$ in thousands | 4,554,690 | 4,464,220 | 4,376,400 | 4,186,540 | 4,143,900 | 4,143,900 | 4,240,620 | 4,240,620 | 4,212,830 | 4,212,830 | 5,319,830 | 5,319,830 | 5,309,290 | 5,309,290 | 5,883,720 | 5,831,450 | 5,831,450 | 5,887,940 | 5,540,470 | 5,540,470 |
| ROA | 1.59% | 1.57% | 1.10% | 0.40% | 0.44% | 2.01% | 3.50% | 4.54% | 5.62% | 6.34% | 5.59% | 6.66% | 8.19% | 8.48% | 9.25% | 10.16% | 10.58% | 11.53% | 11.95% | 13.39% |
January 31, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $72,412K ÷ $4,554,690K
= 1.59%
The Return on Assets (ROA) for RH has seen a gradual decline over the reported periods starting from January 29, 2022. The ROA decreased from 13.39% in January 29, 2022, to 1.59% as of January 31, 2025. This decline indicates that the company's ability to generate profits from its assets has weakened over time, possibly due to lower profitability or more asset-intensive operations. It is crucial for RH to address this trend and carefully evaluate their asset management strategies to improve their ROA and overall financial performance in the future.