Victoria's Secret & Co (VSCO)
Return on assets (ROA)
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 110,000 | 102,000 | 197,000 | 268,000 | 348,000 | 421,000 | 472,000 | 553,000 | |||
| Total assets | US$ in thousands | 4,600,000 | 4,687,000 | 4,525,000 | 4,405,000 | 4,711,000 | 4,142,000 | 4,072,000 | 4,065,000 | 4,344,000 | 4,369,000 | 4,658,000 |
| ROA | 2.39% | 2.18% | 4.35% | 6.08% | 7.39% | 10.16% | 11.59% | 13.60% |
February 3, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $110,000K ÷ $4,600,000K
= 2.39%
Victoria's Secret & Co's return on assets (ROA) has shown a declining trend over the past few quarters, from a high of 13.60% in the first quarter of 2022 to 2.39% in the most recent quarter. This indicates that the company's ability to generate profits relative to its assets has decreased.
The significant drop in ROA could suggest challenges in efficiently utilizing the company's assets to generate earnings. It is important for investors and analysts to further investigate the factors contributing to this decline in ROA, such as changes in revenue, costs, or asset management strategies.
Overall, the declining ROA for Victoria's Secret & Co raises concerns about the company's operational efficiency and profitability. Analysts may need to closely monitor future financial performance to assess whether this trend persists or if there are opportunities for improvement in asset utilization.
Peer comparison
Feb 3, 2024