Victoria's Secret & Co (VSCO)
Return on assets (ROA)
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | ||
|---|---|---|---|---|
| Net income | US$ in thousands | 109,000 | 348,000 | 646,000 |
| Total assets | US$ in thousands | 4,600,000 | 4,711,000 | 4,344,000 |
| ROA | 2.37% | 7.39% | 14.87% |
February 3, 2024 calculation
ROA = Net income ÷ Total assets
= $109,000K ÷ $4,600,000K
= 2.37%
Victoria's Secret & Co's return on assets (ROA) has been on a declining trend over the past three years, decreasing from 14.87% in January 2022 to 7.39% in January 2023, and further dropping to 2.37% in February 2024. This decline indicates that the company's ability to generate profits from its assets has weakened over time. It is important for Victoria's Secret & Co to analyze the drivers behind this decreasing trend and implement strategies to improve its ROA to ensure sustainable profitability and efficiency in asset utilization.
Peer comparison
Feb 3, 2024