Steven Madden Ltd (SHOO)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 224,939 | 218,127 | 226,287 | 223,457 | 213,222 | 213,046 | 209,060 | 230,259 | 281,644 | 321,304 | 330,970 | 313,449 | 243,597 | 185,523 | 94,107 | 22,687 | -31,605 | -33,468 | 37,571 | 105,906 |
| Total assets | US$ in thousands | 1,411,770 | 1,457,130 | 1,375,060 | 1,304,150 | 1,347,940 | 1,292,230 | 1,270,240 | 1,205,120 | 1,257,990 | 1,226,240 | 1,313,290 | 1,278,530 | 1,355,540 | 1,300,060 | 1,173,140 | 1,168,940 | 1,137,760 | 1,104,410 | 1,132,390 | 1,145,900 |
| Operating ROA | 15.93% | 14.97% | 16.46% | 17.13% | 15.82% | 16.49% | 16.46% | 19.11% | 22.39% | 26.20% | 25.20% | 24.52% | 17.97% | 14.27% | 8.02% | 1.94% | -2.78% | -3.03% | 3.32% | 9.24% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $224,939K ÷ $1,411,770K
= 15.93%
Operating return on assets (Operating ROA) measures a company's efficiency in generating operating profits relative to its total assets. A higher ratio indicates better profitability from its operations.
In the case of Steven Madden Ltd, the operating ROA fluctuated during the period from March 2020 to December 2024. The ratio started at 9.24% in March 2020, declined to negative values (-3.03% and -2.78%) in September and December 2020, respectively. Subsequently, there was a gradual recovery and improvement in the ratio, reaching 26.20% in September 2022, the highest point in the analyzed period.
However, there were fluctuations in the ratio after September 2022. It dipped slightly to 22.39% in December 2022 and continued to fluctuate between approximately 15% to 25% until December 2024, indicating some variability in the company's operating profitability relative to its assets during this period.
Overall, the trend in operating ROA for Steven Madden Ltd suggests varying levels of efficiency in utilizing its assets to generate operating income, with fluctuations reflecting changes in the company's operational performance and profitability over time.
Peer comparison
Dec 31, 2024