RH (RH)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 127,561 | 223,076 | 324,023 | 369,821 | 528,642 | 568,791 | 654,130 | 758,601 | 688,546 | 671,694 | 534,006 | 405,683 | 271,815 | 210,055 | 216,107 | 181,441 | 220,375 | 179,192 | 146,843 | 145,992 |
| 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 |
| ROA | 3.08% | 5.26% | 7.69% | 6.95% | 9.96% | 9.67% | 11.22% | 12.88% | 12.43% | 12.39% | 15.40% | 12.53% | 9.38% | 7.84% | 8.62% | 7.47% | 9.01% | 7.59% | 6.15% | 5.73% |
February 3, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $127,561K ÷ $4,143,900K
= 3.08%
The Return on Assets (ROA) for RH has displayed fluctuations over the periods analyzed. From the data provided, ROA ranged from a low of 3.08% to a high of 15.40%. The highest ROA was observed on July 31, 2021, at 15.40%, while the lowest was recorded on Feb 3, 2024, at 3.08%.
Overall, RH's ROA trend indicates variability in the company's ability to generate profits relative to its total assets. The higher the ROA, the more efficiently the company is utilizing its assets to generate earnings. A decreasing trend in ROA could suggest declining profitability or inefficiencies in asset management, whereas an increasing trend may indicate improving profitability and asset utilization.
It is essential to consider other financial metrics and factors alongside ROA to gain a comprehensive understanding of RH's financial performance and overall health.
Peer comparison
Feb 3, 2024