VF Corporation (VFC)

Return on assets (ROA)

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Net income	US$ in thousands	-189,716	-968,882	118,584	1,386,940	407,869
Total assets	US$ in thousands	9,377,540	11,613,000	13,990,500	13,342,200	13,754,000
ROA		-2.02%	-8.34%	0.85%	10.40%	2.97%

March 31, 2025 calculation

ROA = Net income ÷ Total assets
= $-189,716K ÷ $9,377,540K
= -2.02%

VF Corporation's return on assets (ROA) has shown significant fluctuations over the past five years. In March 2021, the ROA was 2.97%, indicating that the company generated a profit of 2.97 cents for every dollar of assets. By March 2022, the ROA had increased to 10.40%, reflecting improved efficiency in asset utilization and profitability. However, in March 2023, the ROA dropped sharply to 0.85%, suggesting a decline in the company's ability to generate profits from its assets.

The trend worsened in March 2024 with a negative ROA of -8.34%, indicating that the company experienced a significant loss compared to its asset base. By March 2025, the situation had slightly improved with a less negative ROA of -2.02%, although still reflecting challenges in generating profits from its assets.

Overall, VF Corporation's ROA has been volatile and demonstrates varying levels of profitability and asset utilization over the past five years, indicating potential inefficiencies or challenges in the company's operations and financial performance. It would be crucial for VF Corporation to address these fluctuations and strive for more consistent and sustainable returns on its assets in the future.