Urban Outfitters Inc (URBN)

Return on assets (ROA)

		Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021	Jan 31, 2020
Net income	US$ in thousands	287,674	159,699	310,616	1,236	168,096
Total assets	US$ in thousands	4,111,210	3,682,910	3,791,350	3,546,340	3,315,630
ROA		7.00%	4.34%	8.19%	0.03%	5.07%

January 31, 2024 calculation

ROA = Net income ÷ Total assets
= $287,674K ÷ $4,111,210K
= 7.00%

Urban Outfitters Inc's return on assets (ROA) has fluctuated over the past five years, ranging from a low of 0.03% in January 2021 to a high of 8.19% in January 2022. The company's ROA in January 2024 stands at 7.00%, indicating that for every dollar of assets, the company generates 7 cents in net income. This suggests that Urban Outfitters has been able to effectively utilize its assets to generate profits. However, it is important to note that the ROA decreased from the previous year (4.34% in January 2023), which may indicate a decline in efficiency in generating profits from its assets. Overall, the trend in Urban Outfitters' ROA demonstrates variability over the years, highlighting the importance of closely monitoring the company's asset management and profitability performance.