Shoe Carnival Inc (SCVL)

Return on assets (ROA)

		Jan 31, 2025	Feb 3, 2024	Jan 31, 2024	Jan 31, 2023	Jan 28, 2023
Net income	US$ in thousands	73,766	73,348	73,348	110,068	110,068
Total assets	US$ in thousands	1,124,130	1,042,020	1,042,020	989,781	989,781
ROA		6.56%	7.04%	7.04%	11.12%	11.12%

January 31, 2025 calculation

ROA = Net income ÷ Total assets
= $73,766K ÷ $1,124,130K
= 6.56%

Shoe Carnival Inc's return on assets (ROA) has shown a gradual decline over the past few years, dropping from 11.12% in January 2023 to 6.56% in January 2025. This indicates that the company's ability to generate profits from its assets has weakened over time. It is essential for the company to assess and improve its asset management efficiency to enhance its overall profitability and financial performance in the future.

Peer comparison

Jan 31, 2025

Company name

Symbol

ROA

Shoe Carnival Inc

SCVL

6.56%

Boot Barn Holdings Inc