Steven Madden Ltd (SHOO)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 169,389 | 175,105 | 183,625 | 181,150 | 172,774 | 168,714 | 164,903 | 178,810 | 216,682 | 251,502 | 256,848 | 244,186 | 190,836 | 145,660 | 72,066 | 19,762 | -18,397 | -23,237 | 36,177 | 89,335 |
| 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 |
| ROA | 12.00% | 12.02% | 13.35% | 13.89% | 12.82% | 13.06% | 12.98% | 14.84% | 17.22% | 20.51% | 19.56% | 19.10% | 14.08% | 11.20% | 6.14% | 1.69% | -1.62% | -2.10% | 3.19% | 7.80% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $169,389K ÷ $1,411,770K
= 12.00%
The return on assets (ROA) for Steven Madden Ltd has shown fluctuations over the periods provided. The ROA was negative in the third and fourth quarters of 2020, indicating that the company was not effectively utilizing its assets to generate profits during that time.
However, there was a gradual improvement in ROA from March 2021 onwards, with positive percentages indicating that the company started to generate more profits relative to its assets. The trend continued to improve throughout 2022 and 2023, peaking at 20.51% in September 2022.
Subsequently, there was a slight decline in ROA in the last quarter of 2022, with a further decrease in the first two quarters of 2024. Despite these declines, the ROA remained above 12% in the last quarter of 2024.
Overall, the trend in ROA shows a general improvement in the company's efficiency in generating profits from its assets, with some fluctuations along the way. It is important for the company to sustain and potentially improve its ROA to ensure long-term profitability and efficiency in asset utilization.
Peer comparison
Dec 31, 2024