Signet Jewelers Ltd (SIG)
Operating return on assets (Operating ROA)
| Feb 1, 2025 | Nov 2, 2024 | Aug 3, 2024 | May 4, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 110,700 | 374,400 | 378,500 | 569,600 | 621,500 | 574,700 | 609,800 | 706,400 | 604,900 | 637,800 | 696,300 | 734,900 | 903,400 | 792,900 | 725,700 | 410,600 | -57,700 | -126,400 | -206,000 | -138,700 |
| Total assets | US$ in thousands | 5,726,600 | 5,685,300 | 5,613,800 | 6,151,200 | 6,813,200 | 6,064,900 | 6,087,400 | 6,205,400 | 6,620,400 | 6,346,000 | 6,164,400 | 6,286,300 | 6,575,100 | 6,387,500 | 6,311,900 | 6,180,800 | 6,178,900 | 6,532,500 | 6,578,100 | 6,877,700 |
| Operating ROA | 1.93% | 6.59% | 6.74% | 9.26% | 9.12% | 9.48% | 10.02% | 11.38% | 9.14% | 10.05% | 11.30% | 11.69% | 13.74% | 12.41% | 11.50% | 6.64% | -0.93% | -1.93% | -3.13% | -2.02% |
February 1, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $110,700K ÷ $5,726,600K
= 1.93%
Signet Jewelers Ltd has shown fluctuations in its operating return on assets (operating ROA) over the time period indicated. The operating ROA started negative in May 2020 at -2.02% and deteriorated further by August 2020 to -3.13%. However, there was a slight improvement by October 2020 to -1.93%. The trend reversed positively in the following quarters, with the operating ROA turning positive and showing significant growth, reaching a peak of 13.74% in January 2022.
Subsequently, there was some fluctuation in the operating ROA, hovering around double-digit percentages through 2022 and into 2023. The operating ROA consistently stayed above 9% during this period. However, there was a slight dip in the operating ROA to 6.74% by August 2024, followed by a further decrease to 6.59% by November 2024. The operating ROA dropped significantly to 1.93% in February 2025.
Overall, Signet Jewelers Ltd experienced a mix of positive and negative trends in its operating ROA over the analyzed period. It saw growth and positive performance in some quarters, but also faced challenges leading to reduced returns in others. It is important for stakeholders to monitor these metrics closely to understand the company's operational efficiency and profitability.