VF Corporation (VFC)
Operating return on assets (Operating ROA)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 393,015 | -34,062 | 1,797,710 | 1,632,200 | 607,631 |
| Total assets | US$ in thousands | 9,377,540 | 11,613,000 | 13,990,500 | 13,342,200 | 13,754,000 |
| Operating ROA | 4.19% | -0.29% | 12.85% | 12.23% | 4.42% |
March 31, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $393,015K ÷ $9,377,540K
= 4.19%
VF Corporation's operating return on assets (ROA) has displayed fluctuations over the past five years.
In March 2021, the operating ROA stood at 4.42%, indicating that for every dollar of assets, the company generated 4.42 cents in operating income. The following year, March 2022, saw a significant improvement in operating ROA to 12.23%, reflecting a more efficient utilization of assets to generate operating profits.
By March 2023, the operating ROA further increased to 12.85%, suggesting continued profitability and operational efficiency. However, there was a notable downturn in March 2024, with the operating ROA dropping to -0.29%, indicating that the company experienced a loss on its operating activities relative to its assets.
In the latest period, March 2025, the operating ROA recovered to 4.19%, showing a partial improvement from the previous year's negative performance but still below the levels seen in 2022 and 2023.
Overall, VF Corporation's operating ROA trend indicates some volatility, with notable fluctuations in performance levels over the period. Further analysis would be required to understand the reasons behind these fluctuations and to assess the company's overall operational efficiency.
Peer comparison
Mar 31, 2025