VF Corporation (VFC)

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	-457,236	-667,468	-1,170,343	-968,882	-765,466	-215,146	117,119	118,584	414,318	424,251	1,006,736	1,386,941	1,395,619	1,225,058	1,017,727	407,869	-165,427	-47,664	344,615	679,449
Total assets	US$ in thousands	10,554,200	12,219,600	11,541,400	11,613,000	12,616,500	13,142,400	14,043,900	13,990,500	14,313,300	13,784,100	13,211,800	13,342,200	13,536,300	13,889,100	13,550,400	13,754,000	13,744,300	12,941,300	12,479,000	11,133,300
ROA		-4.33%	-5.46%	-10.14%	-8.34%	-6.07%	-1.64%	0.83%	0.85%	2.89%	3.08%	7.62%	10.40%	10.31%	8.82%	7.51%	2.97%	-1.20%	-0.37%	2.76%	6.10%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $-457,236K ÷ $10,554,200K
= -4.33%

The return on assets (ROA) of VF Corporation has shown fluctuations over the period analyzed. Starting from March 31, 2020, with a ROA of 6.10%, the ratio decreased to -1.20% by December 31, 2020. This negative trend continued into the beginning of 2021, reaching a low of -8.34% by March 31, 2024. However, the company's ROA showed signs of improvement in the latter part of 2024, increasing to -4.33% by December 31, 2024.

Overall, VF Corporation's ROA has been volatile, experiencing both positive and negative returns on its assets. The company may need to focus on optimizing its asset utilization to enhance profitability and sustainability in the long run.