VF Corporation (VFC)
Return on assets (ROA)
Mar 31, 2025 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | -38,928 | -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 |
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 |
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% |
March 31, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $-38,928K ÷ $—K
= —
VF Corporation's return on assets (ROA) has experienced fluctuations over the past few years. From June 2020 to June 2022, the ROA showed a generally positive trend, increasing from 3.51% to 7.62%, indicating that the company was effectively utilizing its assets to generate profits.
However, starting from September 2022, the ROA began to decline, reaching negative values in December 2023. This downward trend continued until March 2025, with the ROA hitting its lowest point of -10.14% in June 2024, suggesting that the company's profitability relative to its assets was weakening.
The negative ROA values signal that VF Corporation may not be efficiently utilizing its assets to generate profits during this period. This could be due to various factors such as declining sales, increasing expenses, or inefficient asset management.
Overall, the fluctuating ROA trend indicates the need for VF Corporation to assess its asset utilization efficiency and implement strategies to improve profitability in relation to its asset base.
Peer comparison
Mar 31, 2025